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Mission Bancorp (Mission Bancorp) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2023)


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What is Mission 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. Mission Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.03.

Mission Bancorp's long-term debt to total assets ratio increased from Mar. 2007 (0.00) to Sep. 2023 (0.03). It may suggest that Mission Bancorp is progressively becoming more dependent on debt to grow their business.

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

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

Mission Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
LT-Debt-to-Total-Asset
- - - - -

Mission Bancorp Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Sep22 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 - - - - 0.03

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

Mission Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

LT Debt to Total Assets (A: Dec. 2006 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2006 )/Total Assets (A: Dec. 2006 )
=0/142.35
=0.00

Mission Bancorp'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 )
=41.845/1615.113
=0.03

* 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.

Mission Bancorp  (OTCPK:MSBC) 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.

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

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Mission Bancorp (Mission Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mission Bancorp (OTCPK:MSBC) » Definitions » LT-Debt-to-Total-Asset
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CVLY SSBK PCB SFST LCNB NECB USCB BLFY ALPIB PLBC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
1301 17th Street, Bakersfield, CA, USA, 93301
Website
http://www.missionbank.com
Mission Bancorp through its wholly owned subsidiary Mission Bank is a single bank holding company. The company offers a full range of commercial banking services primarily to the business and professional community and individuals.