DWNX (Delhi Bank) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Delhi Bank 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. Delhi Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Delhi Bank's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.00). It may suggest that Delhi Bank is progressively becoming less dependent on debt to grow their business.

Delhi Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Delhi Bank'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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Delhi Bank LT-Debt-to-Total-Asset Chart

Delhi Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

Delhi Bank 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															0.04	-	-	0.01	-

Delhi Bank LT-Debt-to-Total-Asset Calculation

Delhi Bank'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 )
	=	0.023	/	365.42
	=	0.00

Delhi Bank'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 )
	=	0.023	/	365.42
	=	0.00

Delhi Bank (OTCPK:DWNX) 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.

Delhi Bank LT-Debt-to-Total-Asset Related Terms

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Delhi Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Delhi Bank Corp (OTCPK:DWNX) » Definitions » LT-Debt-to-Total-Asset

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Address

124 Main street, Delhi, NY, USA, 13753-0508

Website

https://www.dnbd.bank

Delhi Bank Corp provides a full range of commercial banking services to individual and small business customers in Delaware County, New York, and the surrounding counties. The area is a rural market with an economic base made up of light manufacturing, retail, and agricultural businesses. The Company's primary deposit products are demand deposits and interest-bearing time and savings accounts. It offers a full array of loan products to meet the needs of retail and commercial customers.