Hvidbjerg Bank AS (OCSE:HVID) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Hvidbjerg Bank AS 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. Hvidbjerg Bank AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Hvidbjerg Bank AS's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.03). It may suggest that Hvidbjerg Bank AS is progressively becoming less dependent on debt to grow their business.

Hvidbjerg Bank AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hvidbjerg Bank AS'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.

* Premium members only.

Hvidbjerg Bank AS LT-Debt-to-Total-Asset Chart

Hvidbjerg Bank AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.03

Hvidbjerg Bank AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.03

Hvidbjerg Bank AS LT-Debt-to-Total-Asset Calculation

Hvidbjerg Bank AS'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 )
	=	54.684	/	2054.987
	=	0.03

Hvidbjerg Bank AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	54.771	/	2216.482
	=	0.02

Hvidbjerg Bank AS (OCSE:HVID) 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.

Hvidbjerg Bank AS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hvidbjerg Bank AS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hvidbjerg Bank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hvidbjerg Bank AS (OCSE:HVID) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ostergade 2, Thyholm, DNK, 7790

Website

http://www.hvidbjergbank.dk

Hvidbjerg Bank AS is a Denmark-based bank that offers various banking products and services.It offers financial services to private individuals and local businesses. The bank offers pension products, mortgages and personal loans, investment services, and Internet banking. It operates in the central and western Jutland Limfjord area and has four departments in Hvidbjerg / Hurup, Struer, Viborg, and Holstebro.

Hvidbjerg Bank AS Headlines

No Headlines