First Greenwich Financial (First Greenwich Financial) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2019)

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What is First Greenwich 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. First Greenwich Financial's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.10.

First Greenwich Financial's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2019 (0.10). It may suggest that First Greenwich Financial is progressively becoming more dependent on debt to grow their business.

First Greenwich Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Greenwich 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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First Greenwich Financial LT-Debt-to-Total-Asset Chart

First Greenwich Financial Annual Data

Trend

LT-Debt-to-Total-Asset

First Greenwich Financial Semi-Annual Data
	Sep19
LT-Debt-to-Total-Asset	0.10

First Greenwich Financial LT-Debt-to-Total-Asset Calculation

First Greenwich Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

First Greenwich Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )	/	Total Assets (Q: Sep. 2019 )
	=	38.8	/	391.549
	=

First Greenwich Financial (OTCPK:FGFI) 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.

First Greenwich Financial LT-Debt-to-Total-Asset Related Terms

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First Greenwich Financial (First Greenwich Financial) Business Description

Industry

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Address

444 East Putnam Avenue, Cos Cob, CT, USA, 06807

Website

https://www.greenwichfirst.com

First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.

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