EQFN (Equitable Financial) LT-Debt-to-Total-Asset: 0.03 (As of Jun. 2023)


EQFN Equitable Financial Corp EQFN
16 GF Score
Price $18.00
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What is Equitable Financial LT-Debt-to-Total-Asset?

Equitable Financial EQFN +0.90% 16 LT-Debt-to-Total-Asset is 0.03 as of Jun. 2023. GuruFocus rates EQFN with a GF Score™ of 16/100.

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. Equitable Financial's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.03.

Equitable Financial's long-term debt to total assets ratio increased from Jun. 2021 (0.03) to Jun. 2023 (0.03). It may suggest that Equitable Financial is progressively becoming more dependent on debt to grow their business.

Equitable Financial  (OTCPK:EQFN) 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.

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

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

* Premium members only.

The historical data trend for Equitable 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.

Equitable Financial LT-Debt-to-Total-Asset Chart

Equitable Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.06 0.03 0.01 0.03

Equitable Financial Semi-Annual Data
Jun06 Jun07 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.06 0.03 0.01 0.03
EQFN
16GF Score
Equitable Financial Corp EQFN
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Equitable Financial LT-Debt-to-Total-Asset Calculation

Equitable Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=15/481.049
=0.03

Equitable Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=15/481.049
=0.03

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Equitable Financial (EQFN) has a LT-Debt-to-Total-Asset of 0.03 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Equitable Financial and its competitors.
Is Equitable Financial's LT-Debt-to-Total-Asset too high?
Equitable Financial's current LT-Debt-to-Total-Asset is 0.03. Overall, Equitable Financial has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Equitable Financial's LT-Debt-to-Total-Asset compare to TBBC and NUBC?
Equitable Financial's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Equitable Financial and its competitors. Equitable Financial's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitable Financial stock overvalued right now?
Equitable Financial (EQFN) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Equitable Financial's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Equitable Financial (EQFN), the current LT-Debt-to-Total-Asset is 0.03 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Equitable Financial Business Description

Address 113 North Locust Street, Grand Island, NE, USA, 68801
Equitable Financial Corp is a holding company. The bank is engaged in the business of attracting deposits from the public and using those funds to originate commercial loans, agricultural loans, one- to four-family residential real estate loans and Other, these all activities are conducted through its main offices which are Located in Grand Island, North Platte, Omaha and Elkhorn, Nebraska. The Bank's primary services include accepting deposits, making loans, and investing in securities. It also provides Advisory services and wealth management.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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