Oak Ridge Financial Services (Oak Ridge Financial Services) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2013)

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What is Oak Ridge Financial Services 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. Oak Ridge Financial Services's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.02.

Oak Ridge Financial Services's long-term debt to total assets ratio increased from Jun. 2012 (0.02) to Jun. 2013 (0.02). It may suggest that Oak Ridge Financial Services is progressively becoming more dependent on debt to grow their business.

Oak Ridge Financial Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oak Ridge Financial Services'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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Oak Ridge Financial Services LT-Debt-to-Total-Asset Chart

Oak Ridge Financial Services Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

LT-Debt-to-Total-Asset

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0.05

0.03

0.05

0.02

Oak Ridge Financial Services Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Oak Ridge Financial Services LT-Debt-to-Total-Asset Calculation

Oak Ridge Financial Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )	/	Total Assets (A: Dec. 2012 )
	=	8.248	/	342.851
	=	0.02

Oak Ridge Financial Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (Q: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2013 )	/	Total Assets (Q: Jun. 2013 )
	=	8.248	/	344.854
	=	0.02

Oak Ridge Financial Services (OTCPK:BKOR) 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.

Oak Ridge Financial Services LT-Debt-to-Total-Asset Related Terms

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Oak Ridge Financial Services (Oak Ridge Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oak Ridge Financial Services Inc (OTCPK:BKOR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8050 Fogleman Road, Oak Ridge, MN, USA, 27310

Website

https://www.oakridgefinancial.com

Oak Ridge Financial Services Inc is the holding company. The company is an independent, full-service financial services firm providing private client and investment banking services to individual, institutional and corporate customers.

Executives

Stanley Tennant

director

2211 OAK RIDGE ROAD, OAK RIDGE NC 27310