GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Columbia Banking System Inc (NAS:COLB) » Definitions » LT-Debt-to-Total-Asset

COLB (Columbia Banking System) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Columbia Banking System 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. Columbia Banking System's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Columbia Banking System's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.07). It may suggest that Columbia Banking System is progressively becoming less dependent on debt to grow their business.


Columbia Banking System LT-Debt-to-Total-Asset Historical Data

The historical data trend for Columbia Banking System'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.

Columbia Banking System LT-Debt-to-Total-Asset Chart

Columbia Banking System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.04 0.09 0.07

Columbia Banking System Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.08 0.07

Columbia Banking System LT-Debt-to-Total-Asset Calculation

Columbia Banking System's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=3664.273/51576.397
=0.07

Columbia Banking System's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=3664.273/51576.397
=0.07

* 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.


Columbia Banking System  (NAS:COLB) 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.


Columbia Banking System LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Columbia Banking System's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Columbia Banking System Business Description

Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Executives
Torran B Nixon officer: Senior Executive VP ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Elizabeth Whitehead Seaton director 1301 "A" STREET, SUITE 800, TACOMA WA 98402
Aaron James Deer officer: EVP Chief Financial Officer 1301 A STREET, TACOMA WA 98402
Randal Lee Lund director 1301 A STREET, TACOMA WA 98402
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Mark A Finkelstein director C/O BLUCORA, INC., 10900 NE 8TH ST., STE. 800, BELLEVUE WA 98004
Numata S Mae Fujita director C/O COLUMBIA BANKING SYSTEM, INC., 1301 "A" STREET, TACOMA WA 98402
Craig D Eerkes director 41 W. RIVERSIDE AVE., SUITE 300, SPOKANE WA 99201
Clint Stein officer: EVP & CFO 1301 A STREET, SUITE 800, TACOMA WA 98402
Ron L Farnsworth officer: Chief Financial Officer 200 SW MARKET ST STE 1900, PORTLAND OR 97201
Eric Forrest director C/O PACIFIC CONTINENTAL BANK, 111 WEST SEVENTH AVENUE, OREGON OR 97440-2727
John F Schultz director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Frank Namdar officer: Chief Credit Officer ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258
Andrew H Ognall officer: IMO General Counsel ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
Lisa M White officer: PAO & Corporate Controller 9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124