ASBPD.PFD (Associated Banc-Corp) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is Associated Banc-Corp 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. Associated Banc-Corp's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Associated Banc-Corp's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.05). It may suggest that Associated Banc-Corp is progressively becoming more dependent on debt to grow their business.

Associated Banc-Corp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Associated Banc-Corp'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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Associated Banc-Corp LT-Debt-to-Total-Asset Chart

Associated Banc-Corp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.07

0.05

0.04

Associated Banc-Corp 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															0.04	0.04	0.04	0.04	0.05

Associated Banc-Corp LT-Debt-to-Total-Asset Calculation

Associated Banc-Corp'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 )
	=	1741.463	/	41015.855
	=	0.04

Associated Banc-Corp'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 )
	=	2052.636	/	42210.815
	=	0.05

Associated Banc-Corp (NYSE:ASBpD.PFD) 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.

Associated Banc-Corp LT-Debt-to-Total-Asset Related Terms

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Associated Banc-Corp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Associated Banc-Corp (NYSE:ASBpD.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ASBpF.PFD:USA ASBpE.PFD:USA ASB:USA

Address

433 Main Street, Green Bay, WI, USA, 54301

Website

https://www.associatedbank.com

Associated Banc-Corp is a bank holding company. The company through its subsidiaries provides a broad array of banking and nonbanking products and services to individuals and businesses. The company operates in three reportable segments; Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. The majority of its revenue is derived from the Corporate and Commercial Specialty and Community, Consumer, and Business segments.