HBAN (Huntington Bancshares) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Huntington Bancshares 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. Huntington Bancshares's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Huntington Bancshares's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.08). It may suggest that Huntington Bancshares is progressively becoming more dependent on debt to grow their business.

Huntington Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Huntington Bancshares'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.

* Premium members only.

Huntington Bancshares LT-Debt-to-Total-Asset Chart

Huntington Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.04

0.05

0.07

0.08

Huntington Bancshares 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															0.07	0.08	0.08	0.08	0.08

Huntington Bancshares LT-Debt-to-Total-Asset Calculation

Huntington Bancshares'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 )
	=	16374	/	204230
	=	0.08

Huntington Bancshares'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 )
	=	16374	/	204230
	=	0.08

Huntington Bancshares (NAS:HBAN) 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.

Huntington Bancshares LT-Debt-to-Total-Asset Related Terms

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Huntington Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huntington Bancshares Inc (NAS:HBAN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HBANM.PFD:USA HBANP.PFD:USA 1HU3:Italy 0J72:UK HU3:Germany

Address

41 South High Street, Columbus, OH, USA, 43287

Website

https://www.huntington.com

Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.

Executives

Donnell R White	officer: Chief DEI Officer, SVP	333 W FORT STREET, SUITE 1800, DETROIT MI 48226
Scott D Kleinman	officer: Sr. EVP of Principal Sub.	HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Zachary Jacob Wasserman	officer: CFO and Senior Exec. VP	HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Helga Houston	officer: Senior Exec. V. P.	516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
Nancy E Maloney	officer: EVP and Controller	HUNTINGTON BANCSHARES INCORPORATED, HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Rajeev Syal	officer: SEVP	HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Brantley J Standridge	officer: Senior Exec. V.P.	214 N TRYON STREET, CHARLOTTE NC 28202
Ann B Crane	director	DANA KLEIN, 4288 WEST DUBLIN GRANVILLE RD, DUBLIN OH 43017
Julie C Tutkovics	officer: Executive Vice President	III CASCADE PLAZA, AKRON OH 44308
Marcy C Hingst	officer: SEVP and General Counsel	HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Paul G Heller	officer: Sr. EVP & Chief Technology and	HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Rafael Diaz-granados	director	HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Gary Torgow	director	235 EAST MAIN STREET, MIDLAND MI 48640
Kenneth J Phelan	director	HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
David L Porteous	director	P.O. BOX 44, REED CITY MI 49677