SunTrust Banks (FRA:SUU) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2019)

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What is SunTrust Banks 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. SunTrust Banks's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.09.

SunTrust Banks's long-term debt to total assets ratio increased from Sep. 2018 (0.07) to Sep. 2019 (0.09). It may suggest that SunTrust Banks is progressively becoming more dependent on debt to grow their business.

SunTrust Banks LT-Debt-to-Total-Asset Historical Data

The historical data trend for SunTrust Banks'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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SunTrust Banks LT-Debt-to-Total-Asset Chart

SunTrust Banks Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.07

0.05

0.06

0.05

0.07

SunTrust Banks Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.08	0.09	0.09

SunTrust Banks LT-Debt-to-Total-Asset Calculation

SunTrust Banks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	13589.34	/	189462.297
	=	0.07

SunTrust Banks'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 )
	=	18984.464	/	206450.144
	=	0.09

SunTrust Banks (FRA:SUU) 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.

SunTrust Banks LT-Debt-to-Total-Asset Related Terms

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SunTrust Banks (FRA:SUU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SunTrust Banks Inc (FRA:SUU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

303 Peachtree Street, North East, Atlanta, GA, USA, 30308

Website

http://www.suntrust.com

SunTrust Banks, headquartered in Atlanta, comprises commercial, corporate, and retail banking operations. SunTrust's corporate and investment banking arm is under the SunTrust Robinson Humphrey brand. The vast majority of SunTrust's deposits are in seven Southeastern U.S. states and the District of Columbia.

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