Doral Financial (Doral Financial) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2013)

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What is Doral Financial 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. Doral Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.29.

Doral Financial's long-term debt to total assets ratio declined from Dec. 2012 (0.29) to Dec. 2013 (0.29). It may suggest that Doral Financial is progressively becoming less dependent on debt to grow their business.

Doral Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Doral Financial'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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Doral Financial LT-Debt-to-Total-Asset Chart

Doral Financial Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

LT-Debt-to-Total-Asset

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0.17

0.10

0.26

0.29

Doral Financial Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.27	0.26	0.27	0.29

Doral Financial LT-Debt-to-Total-Asset Calculation

Doral Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )	/	Total Assets (A: Dec. 2013 )
	=	2428.144	/	8493.454
	=	0.29

Doral Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )	/	Total Assets (Q: Dec. 2013 )
	=	2428.144	/	8493.454
	=	0.29

Doral Financial (OTCPK:DORPQ.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.

Doral Financial LT-Debt-to-Total-Asset Related Terms

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Doral Financial (Doral Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Doral Financial Corp (OTCPK:DORPQ.PFD) » Definitions » LT-Debt-to-Total-Asset

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Address

1451 Franklin D. Roosevelt Avenue, San Juan, PRI, 00920-2717

Website

http://www.doralfinancial.com

Puerto Rico-based Doral Financial is in the process of transforming itself into a traditional community bank. It operates 41 branches in Puerto Rico, plus one in New York, and offers a variety of retail and commercial banking services. Residential real estate loans make up about 70% of Doral's loan portfolio, and commercial loans account for another 20%. Nearly all of the bank's loans are secured by real estate.

Doral Financial (Doral Financial) Headlines

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