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AMBZ (American Business Bank) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


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What is American Business Bank LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. American Business Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

American Business Bank's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.00). It may suggest that American Business Bank is progressively becoming less dependent on debt to grow their business.

American Business Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for American Business Bank's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American Business Bank LT-Debt-to-Total-Asset Chart

American Business Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.01

American Business Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.05 0.03 -

American Business Bank LT-Debt-to-Total-Asset Calculation

American Business Bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=55/3902.724
=0.01

American Business Bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0/4119.988
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Business Bank  (OTCPK:AMBZ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

American Business Bank LT-Debt-to-Total-Asset Related Terms

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American Business Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » American Business Bank (OTCPK:AMBZ) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
FFWM KRNY NRIM GCBC UNTY SCZC FBIZ BSRR FFIC BWB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
N/A
Address
400 South Hope Street, Suite 300, Los Angeles, CA, USA, 90071
Website
https://www.americanbb.bank
American Business Bank provides financial services to small and medium-sized businesses. The bank is focused on Business banking. The Bank's revenues are derived from interest on loans, investments, and other fees.