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Citizens (Citizens) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Citizens 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. Citizens's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Citizens's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Citizens LT-Debt-to-Total-Asset Historical Data

The historical data trend for Citizens'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.

* Premium members only.

Citizens LT-Debt-to-Total-Asset Chart

Citizens Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Citizens Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Citizens LT-Debt-to-Total-Asset Calculation

Citizens'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 )
=0/1668.928
=0.00

Citizens's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0/1668.928
=0.00

* 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.

Citizens  (NYSE:CIA) 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.

Citizens LT-Debt-to-Total-Asset Related Terms

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Citizens (Citizens) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Citizens Inc (NYSE:CIA) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
UTGN AAME VERY PKIN KCLI SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TSX:GWO TPE:2881 LSE:PRU TPE:2882 TSE:8750 TSX:POW
Traded in Other Exchanges
N/A
Address
11815 Alterra Parkway, Suite 1500, Austin, TX, USA, 78758
Website
https://www.citizensinc.com
Citizens Inc is an insurance holding company serving the life insurance needs of individuals in the United States. The company provides insurance benefits to residents in 32 U.S. states and more than 70 countries through its insurance subsidiaries. The company operates in two business segments namely the Life Insurance segment and the Home Service Insurance segment. The company majority generates revenues from Life Insurance segment.
Executives
James Keith Morgan director PO BOX 149151, AUSTIN TX 78714
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jeffery P. Conklin officer: VP, CFO & Treasurer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Gerald W Shields director, officer: President & CEO 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Harvey J. Waite officer: VP, Chief Actuary 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Mary Taylor director PO BOX 149151, AUSTIN TX 78714
Cynthia H Davis director PO BOX 149151, AUSTIN TX 78714
Davis Jerry Dodd Jr. director 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758
Terry Sam Maness director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Errol Dean Gage director 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Frank A Keating director 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mauldin Robert M Iii officer: VP, Chief Marketing Officer 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758
Sheryl L Kinlaw officer: Chief Legal Officer 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758
Sloan Robert B Jr director 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758
Fred L. Quatro director 2901 PENNY LANE, EULESS TX 76039