CRSB (Cornerstone Community Bancorp) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Cornerstone Community 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. Cornerstone Community Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Cornerstone Community Bancorp's long-term debt to total assets ratio declined from Dec. 2023 (0.05) to Dec. 2024 (0.04). It may suggest that Cornerstone Community Bancorp is progressively becoming less dependent on debt to grow their business.

Cornerstone Community Bancorp LT-Debt-to-Total-Asset Historical Data

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

Cornerstone Community Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.03

0.02

0.05

0.04

Cornerstone Community Bancorp 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															0.05	0.05	0.05	0.05	0.04

Cornerstone Community Bancorp LT-Debt-to-Total-Asset Calculation

Cornerstone Community Bancorp'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 )
	=	26.795	/	657.925
	=	0.04

Cornerstone Community Bancorp'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 )
	=	26.795	/	657.925
	=	0.04

Cornerstone Community Bancorp (OTCPK:CRSB) 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.

Cornerstone Community Bancorp LT-Debt-to-Total-Asset Related Terms

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Cornerstone Community Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Community Bancorp (OTCPK:CRSB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

192 Hartnell Avenue, Redding, CA, USA, 96002

Website

https://www.bankcornerstone.com

Cornerstone Community Bancorp is a community-oriented, locally-owned, and managed bank. The Company provides commercial, industrial, agricultural and personal credit and other banking services in Shasta and Tehama Counties and surrounding areas through its branch offices located in Red Bluff, Redding and Anderson, California.