Primorye Commercial Bank PJSC (MIC:PRMB) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2023)


MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽19,200.00
View Full Analysis

What is Primorye Commercial Bank PJSC LT-Debt-to-Total-Asset?

Primorye Commercial Bank PJSC MIC:PRMB -1.03% 17 LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

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. Primorye Commercial Bank PJSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Primorye Commercial Bank PJSC's long-term debt to total assets ratio increased from Jun. 2021 (0.00) to Sep. 2023 (0.01). It may suggest that Primorye Commercial Bank PJSC is progressively becoming more dependent on debt to grow their business.

Primorye Commercial Bank PJSC  (MIC:PRMB) 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.

Primorye Commercial Bank PJSC LT-Debt-to-Total-Asset Related Terms

Primorye Commercial Bank PJSC LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Primorye Commercial Bank PJSC'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.

Primorye Commercial Bank PJSC LT-Debt-to-Total-Asset Chart

Primorye Commercial Bank PJSC Annual Data
Trend Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.02 0.02 0.00 0.00

Primorye Commercial Bank PJSC Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.01
MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primorye Commercial Bank PJSC LT-Debt-to-Total-Asset Calculation

Primorye Commercial Bank PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=20.834/53991.84
=0.00

Primorye Commercial Bank PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=438.389/71631.307
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's LT-Debt-to-Total-Asset too high?
Primorye Commercial Bank PJSC's current LT-Debt-to-Total-Asset is 0.01. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's LT-Debt-to-Total-Asset compare to USB and PNC?
Primorye Commercial Bank PJSC's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Primorye Commercial Bank PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Primorye Commercial Bank PJSC (MIC:PRMB), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
17GF Score

Get the complete analysis for MIC:PRMB

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽19,200.00
Price