Bank Of Idaho Holding Co (Bank Of Idaho Holding Co) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Bank Of Idaho Holding Co 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. Bank Of Idaho Holding Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Bank Of Idaho Holding Co's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.06). It may suggest that Bank Of Idaho Holding Co is progressively becoming more dependent on debt to grow their business.

Bank Of Idaho Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bank Of Idaho Holding Co'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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Bank Of Idaho Holding Co LT-Debt-to-Total-Asset Chart

Bank Of Idaho Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.04

0.03

Bank Of Idaho Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.06

Bank Of Idaho Holding Co LT-Debt-to-Total-Asset Calculation

Bank Of Idaho Holding Co'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 )
	=	29.932	/	1137.516
	=	0.03

Bank Of Idaho Holding Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	68.278	/	1185.114
	=	0.06

Bank Of Idaho Holding Co (OTCPK:BOID) 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.

Bank Of Idaho Holding Co LT-Debt-to-Total-Asset Related Terms

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Bank Of Idaho Holding Co (Bank Of Idaho Holding Co) Business Description

Industry

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Address

350 Memorial Drive, Suite 200, Idaho Falls, ID, USA, 83402

Website

https://www.bankofidaho.com

Bank Of Idaho Holding Co is a single-tier holding bank that offers various banking and financial services including checking and savings products commercial loans, agricultural loans, consumer lending home mortgages and trust services. The Bank grants commercial, residential, and installment loans to customers located primarily in southeastern Idaho and the Treasure Valley of Idaho.

Bank Of Idaho Holding Co (Bank Of Idaho Holding Co) Headlines

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