Kish Bancorp (Kish Bancorp) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Kish Bancorp 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. Kish Bancorp's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Kish Bancorp's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.02). It may suggest that Kish Bancorp is progressively becoming less dependent on debt to grow their business.

Kish Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kish Bancorp'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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Kish Bancorp LT-Debt-to-Total-Asset Chart

Kish Bancorp Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.06

0.05

0.04

0.03

Kish Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.03	0.03	0.03	0.02

Kish Bancorp LT-Debt-to-Total-Asset Calculation

Kish Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	41.304	/	1542.776
	=	0.03

Kish Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	36.492	/	1549.591
	=	0.02

Kish Bancorp (OTCPK:KISB) 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.

Kish Bancorp LT-Debt-to-Total-Asset Related Terms

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Kish Bancorp (Kish Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kish Bancorp Inc (OTCPK:KISB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4255 East Main Street (Route 655), P.O. Box 917, Belleville, PA, USA, 17004

Website

https://www.kishbank.com

Kish Bancorp Inc operates as a bank. It offers various services such as checking, savings, loans, online banking, and others. The bank generates its revenue in the form of interest income. The Company provides commercial and industrial, agricultural, commercial mortgage, residential real estate, and consumer loans and deposit services for its customers.

Kish Bancorp (Kish Bancorp) Headlines

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