Customers Bancorp (Customers Bancorp) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is Customers 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. Customers Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Customers Bancorp's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.07). It may suggest that Customers Bancorp is progressively becoming more dependent on debt to grow their business.

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

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

Customers 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

0.02

0.04

0.07

Customers Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.11	0.11	0.08	0.07

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

Customers 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 )
	=	1506.07	/	21316.265
	=	0.07

Customers Bancorp'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 )
	=	1506.07	/	21316.265
	=	0.07

Customers Bancorp (NYSE:CUBIpD.PFD) 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.

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

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Customers Bancorp (Customers Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Customers Bancorp Inc (NYSE:CUBIpD.PFD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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CUBIpF.PFD:USA CUBIpE.PFD:USA CUBI:USA

Address

701 Reading Avenue, West Reading, PA, USA, 19611

Website

https://www.customersbank.com

Customers Bancorp Inc is a bank holding company engaged in banking activities. It provides financial products and services to small and middle-market businesses, not-for-profits, and consumers. The company operates in Lending Activities, Commercial Lending, Consumer Lending, Private Banking, Deposit Products, Other Funding Sources, and Financial Products and Services. The majority of revenue is derived from commercial lending.