BANF (BancFirst) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is BancFirst 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. BancFirst's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

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

BancFirst LT-Debt-to-Total-Asset Historical Data

The historical data trend for BancFirst'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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BancFirst LT-Debt-to-Total-Asset Chart

BancFirst Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

BancFirst 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															0.01	0.01	0.01	0.01	0.01

BancFirst LT-Debt-to-Total-Asset Calculation

BancFirst'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 )
	=	86.101	/	12372.042
	=	0.01

BancFirst'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 )
	=	86.143	/	13313.482
	=	0.01

BancFirst (NAS:BANF) 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.

BancFirst LT-Debt-to-Total-Asset Related Terms

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BancFirst Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BancFirst Corp (NAS:BANF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BF1:Germany

Address

101 North Broadway Avenue, Oklahoma City, OK, USA, 73102

Website

https://www.bancfirst.bank

BancFirst Corp is engaged in providing banking services. The company's business unit includes metropolitan banks, community banks, Pegasus Bank, Worthington, other financial services, and executive, operations and support. Metropolitan banks, community banks, Pegasus, and Worthington offer traditional banking products such as commercial and retail lending, and a full line of deposit accounts. Other financial services are specialty product business units including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking, and insurance.

Executives

William Scott Martin	director, Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dennis Jay Hannah	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73120
Leslie Jeannine Rainbolt	director, 10 percent owner	100 N. BROADWAY, OKLAHOMA CITY OK 73102
Main Street Banking Partners Lp	10 percent owner	100 N BROADWAY, OKLAHOMA CITY OK 73102
David E Rainbolt	director, 10 percent owner, officer: President and CEO	C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Randy Foraker	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dave R Lopez	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Darryl Schmidt	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Kevin Lawrence	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Scott Copeland	officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
Mautra Staley Jones	director, Director	101 N. BROADWAY, OKLAHOMA CITY OK 73102
Robin Noel Smith	director, Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Joe Goyne	director, officer: Director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Dennis L Brand	director, officer: Executive Vice President	100 N BROADWAY, OKLAHOMA CITY OK 73102
H E Rainbolt	director, officer: Chairman	100 N BROADWAY, OKLAHOMA CITY OK 73102