PacWest Bancorp (PacWest Bancorp) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2023)

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What is PacWest 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. PacWest Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.16.

PacWest Bancorp's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.16). It may suggest that PacWest Bancorp is progressively becoming more dependent on debt to grow their business.

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

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

PacWest Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.03

0.02

0.03

PacWest Bancorp Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.03	0.13	0.15	0.16

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

PacWest Bancorp'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 )
	=	1249.117	/	41228.936
	=	0.03

PacWest 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 )
	=	5904.678	/	36877.833
	=	0.16

PacWest Bancorp (NAS:PACW) 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.

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

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PacWest Bancorp (PacWest Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PacWest Bancorp (NAS:PACW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9701 Wilshire Boulevard, Suite 700, Beverly Hills, CA, USA, 90212

Website

https://www.pacwest.com

PacWest Bancorp is a bank holding company with one wholly-owned banking subsidiary, Pacific Western Bank. The bank has tens of full-service branches mostly located throughout California. The bank provides commercial banking services, including real estate, construction, and commercial loans, as well as comprehensive deposit and treasury management services, to small and midsize businesses. The Bank also provides venture banking products including a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses. The vast majority of the bank's net revenue comes from net interest income.

Executives

Christopher D Blake	officer: Exec VP, Director of HR	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Mark Yung	director	C/O 335 CONNIE CRESENT, CONCORD A6 L4K 5R2
Eggemeyer John M Iii	director	PO BOX 1329, RANCHO SANTA FE CA 92067
Craig A Carlson	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Susan E Lester	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
C William Hosler	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul Robert Burke	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
William J Black	officer: EVP, Strategy & Corp. Dev.	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul W Taylor	director	1331 SEVENTEENTH STREET,, SUITE 200, DENVER CO 80202
Stephanie B Mudick	director	C/O THE STUDENT LOAN CORPORATION, 750 WASHINGTON BLVD., 9TH FLOOR, STAMFORD CT 06897
Matthew P Wagner	director, officer: CEO and President	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Kevin L Thompson	officer: EVP, CHIEF FINANCIAL OFFICER	18101 VON KARMAN AVENUE, STE. 750, IRVINE CA 92612
Stanley R Ivie	officer: EVP, Chief Risk Officer	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Bryan M Corsini	officer: EVP & Chief Credit Officer	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Daniel B Platt	director	PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212