MFBP (M & F Bancorp) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is M & F 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. M & F Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

M & F Bancorp's long-term debt to total assets ratio declined from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that M & F Bancorp is progressively becoming less dependent on debt to grow their business.

M & F Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for M & F 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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M & F Bancorp LT-Debt-to-Total-Asset Chart

M & F Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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M & F Bancorp Quarterly Data
	Jun16	Dec19	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															-	-	-	-	-

M & F Bancorp LT-Debt-to-Total-Asset Calculation

M & F Bancorp'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 )
	=	1.156	/	525.006
	=	0.00

M & F Bancorp'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 )
	=	1.156	/	525.006
	=	0.00

M & F Bancorp (OTCPK:MFBP) 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.

M & F Bancorp LT-Debt-to-Total-Asset Related Terms

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M & F Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » M & F Bancorp Inc (OTCPK:MFBP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2634 Durham Chapel Hill Boulevard, Suite 101, Durham, NC, USA, 27707

Website

https://www.mfbonline.com

M & F Bancorp Inc is a bank holding company. The Bank has seven branches in North Carolina: two in Durham, two in Raleigh, and one each in Charlotte, Greensboro, and Winston-Salem. The company operates as a single business segment and offers a wide variety of consumer and commercial banking services and products. The Bank offers banking services such as checking accounts, savings accounts, Negotiable Order of Withdrawal accounts, money market accounts, certificates of deposit, individual retirement accounts, equity lines of credit, credit lines, consumer loans, and credit cards.

Executives

Jonathan Sears Woodall

officer: SVP/CFO

5136 LINKSLAND DRIVE, HOLLY SPRINGS NC 27540