LivingTrust Mortgage Bank (NSA:LIVINGTRUST) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is LivingTrust Mortgage Bank 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. LivingTrust Mortgage Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

LivingTrust Mortgage Bank's long-term debt to total assets ratio declined from Dec. 2023 (0.17) to Dec. 2024 (0.12). It may suggest that LivingTrust Mortgage Bank is progressively becoming less dependent on debt to grow their business.

LivingTrust Mortgage Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for LivingTrust Mortgage Bank'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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LivingTrust Mortgage Bank LT-Debt-to-Total-Asset Chart

LivingTrust Mortgage Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.10

0.20

0.22

0.17

0.12

LivingTrust Mortgage Bank Quarterly Data
	Dec19	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															0.17	0.17	0.16	0.14	0.12

LivingTrust Mortgage Bank LT-Debt-to-Total-Asset Calculation

LivingTrust Mortgage Bank'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 )
	=	2859.863	/	24418.532
	=	0.12

LivingTrust Mortgage Bank'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 )
	=	2859.863	/	24418.532
	=	0.12

LivingTrust Mortgage Bank (NSA:LIVINGTRUST) 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.

LivingTrust Mortgage Bank LT-Debt-to-Total-Asset Related Terms

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LivingTrust Mortgage Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LivingTrust Mortgage Bank PLC (NSA:LIVINGTRUST) » Definitions » LT-Debt-to-Total-Asset

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Address

Gbongan Road, Km 2, Osun State, Osogbo, NGA, 4488

Website

https://www.livingtrustng.com

LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is Mortgage Banking, all its results are mortgage related.

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