CBBI (CBB Bancorp) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is CBB 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. CBB Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

CBB Bancorp's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.03). It may suggest that CBB Bancorp is progressively becoming more dependent on debt to grow their business.

CBB Bancorp LT-Debt-to-Total-Asset Historical Data

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

CBB Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.08

0.03

CBB Bancorp 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															0.03	0.03	0.03	0.03	0.03

CBB Bancorp LT-Debt-to-Total-Asset Calculation

CBB 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 )
	=	53.944	/	1760.413
	=	0.03

CBB 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 )
	=	50	/	1770.549
	=	0.03

CBB Bancorp (OTCPK:CBBI) 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.

CBB Bancorp LT-Debt-to-Total-Asset Related Terms

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CBB Bancorp Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

3435 Wilshire Boulevard, Suite 700, Los Angeles, CA, USA, 90010

Website

https://www.cbb-bank.com

CBB Bancorp Inc is a banking service provider. It offers checking, installment, savings, money market, and certification of deposit accounts, credit, term loans, trade finance, professional loans, business property loans, commercial real estate loans, and construction loans, and debit and credit cards. The bank generates its revenue in the form of interest income.