BCAL (California BanCorp) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is California BanCorp 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. California BanCorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

California BanCorp's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.02). It may suggest that California BanCorp is progressively becoming more dependent on debt to grow their business.

California BanCorp LT-Debt-to-Total-Asset Historical Data

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

California BanCorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.01

0.04

0.05

California BanCorp Quarterly Data
	Sep07	Dec07	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.05	0.03	0.02	0.02

California BanCorp LT-Debt-to-Total-Asset Calculation

California BanCorp'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 )
	=	114.982	/	2360.252
	=	0.05

California BanCorp'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 )
	=	88.353	/	4362.767
	=	0.02

California BanCorp (NAS:BCAL) 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.

California BanCorp LT-Debt-to-Total-Asset Related Terms

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California BanCorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » California BanCorp (NAS:BCAL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12265 El Camino Real, Suite 210, San Diego, CA, USA, 92130

Website

https://www.californiabankofcommerce.com

California BanCorp is a registered bank holding company headquartered in San Diego, California. The Bank offers a range of financial products and services to individuals, professionals, and small to medium-sized businesses through its 14 branch offices and four loan production offices serving Northern and Southern California. The Bank's solutions-driven, relationship-based approach to banking provides accessibility to decision-makers and enhances value through strong partnerships with its clients.

Executives

Lester Machado	director	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Peter Nutz	officer: EVP/ Chief Credit Officer	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Ricardo Martin	director	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Anne A Williams	director, officer: EVP / Chief Credit Officer	C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
John Farkash	director, 10 percent owner	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Joann Yeung	officer: SVP / Chief Accounting Officer	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Tomaso Frank Di	director, officer: Executive Director	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Martin Liska	officer: EVP / Chief Risk Officer	355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Richard Hernandez	officer: President	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Irwin Golds	director	355 S. GRAND AVE SUITE 1200, LOS ANGELES CA 90071
Manisha Merchant	officer: EVP / Chief Legal Officer	355 S. GRAND AVE, SUITE 1200, LOS ANGELES CA 90071
Kaveh Varjavand	director	15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
Castle Creek Capital Partners Vi, Lp	10 percent owner	6051 EL TORDO, RANCHO SANTA FE CA 92067
Anita Wolman	director	C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436
David I Rainer	director, officer: CEO/Chairman	C/O CU BANCORP, 15821 VENTURA BOULEVARD, SUITE 100, ENCINO CA 91436