Ballston SpA Bancorp (Ballston SpA Bancorp) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2007)

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What is Ballston SpA 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. Ballston SpA Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2007 was 0.05.

Ballston SpA Bancorp's long-term debt to total assets ratio declined from Sep. 2006 (0.10) to Sep. 2007 (0.05). It may suggest that Ballston SpA Bancorp is progressively becoming less dependent on debt to grow their business.

Ballston SpA Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ballston SpA 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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Ballston SpA Bancorp LT-Debt-to-Total-Asset Chart

Ballston SpA Bancorp Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

LT-Debt-to-Total-Asset

0.03

0.08

0.10

0.05

0.07

Ballston SpA Bancorp Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.10	0.07	0.07	0.11	0.05

Ballston SpA Bancorp LT-Debt-to-Total-Asset Calculation

Ballston SpA Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )	/	Total Assets (A: Dec. 2006 )
	=	21.66	/	319.489
	=	0.07

Ballston SpA Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

LT Debt to Total Assets (Q: Sep. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2007 )	/	Total Assets (Q: Sep. 2007 )
	=	17.5	/	344.77
	=	0.05

Ballston SpA Bancorp (OTCPK:BSPA) 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.

Ballston SpA Bancorp LT-Debt-to-Total-Asset Related Terms

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Ballston SpA Bancorp (Ballston SpA Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ballston SpA Bancorp Inc (OTCPK:BSPA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

990 State Route 67, Ballston Spa, NY, USA, 12020

Website

https://www.bsnb.com

Ballston SpA Bancorp Inc is a bank-based financial services company. The parent company's banking subsidiary, Ballston Spa National Bank, is a community-based commercial bank and provides banking, financing, fiduciary, brokerage and other financial services to corporate, municipal, and individual customers through its thirteen branch offices.

Ballston SpA Bancorp (Ballston SpA Bancorp) Headlines

From GuruFocus

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