PB (Prosperity Bancshares) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is Prosperity Bancshares 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. Prosperity Bancshares's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Prosperity Bancshares's long-term debt to total assets ratio declined from Dec. 2023 (0.10) to Dec. 2024 (0.08). It may suggest that Prosperity Bancshares is progressively becoming less dependent on debt to grow their business.

Prosperity Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prosperity Bancshares'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.

Prosperity Bancshares LT-Debt-to-Total-Asset Chart

Prosperity Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.10

0.08

Prosperity Bancshares Quarterly Data
	Mar20	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															0.10	0.10	0.10	0.10	0.08

Prosperity Bancshares LT-Debt-to-Total-Asset Calculation

Prosperity Bancshares'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 )
	=	3200	/	39566.738
	=	0.08

Prosperity Bancshares'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 )
	=	3200	/	39566.738
	=	0.08

Prosperity Bancshares (NYSE:PB) 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.

Prosperity Bancshares LT-Debt-to-Total-Asset Related Terms

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Prosperity Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (NYSE:PB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PPY:Germany

Address

Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027

Website

https://www.prosperitybankusa.com

Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma. The group provides Personal, Business, Mortgage, and Banking Services.

Executives

Ned S Holmes	director	55 WAUGH DRIVE, HOUSTON TX 77007
Harrison Ii Stafford	director	P O BOX 609, EDNA TX 77056
Timanus H E Jr	director, officer: Executive Vice President
Leah Henderson	director	15415 PRADE RANCH LANE, CYPRESS TX 77429
Robert H Steelhammer	director	2100 W LOOP S STE 1400, HOUSTON TX 77027
L. Jack Lord	director	4295 SAN FELIPE, HOUSTON TX 77027
Asylbek Osmonov	officer: Interim CFO	4295 SAN FELIPE, HOUSTON X1 77027
Laura Murillo	director	4295 SAN FELIPE, HOUSTON TX 77027
Ileana M Blanco	director	4295 SAN FELIPE, HOUSTON TX 77027
George A. Fisk	director	LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert J. Dowdell	officer: Executive Vice President	4295 SAN FELIPE, HOUSTON TX 77027
David Zalman	director, officer: President and Chief Executive	316 E CALHOUN, EL CAMPO TX 77437
James A Bouligny	director	P O BOX 1567, EL CAMPO TX 77437
Charlotte M Rasche	officer: Executive Vice President	80 SUGAR CREEK CENTER BOULEVARD, SUGAR LAND TX 77478
Edward Z Safady	officer: President	80 SUGAR CREEK CENTER BLVD, SUGAR LAND TX 77478