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PRMY (Primary Bk) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Primary Bk 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. Primary Bk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Primary Bk's long-term debt to total assets ratio stayed the same from Dec. 2021 (0.00) to Dec. 2023 (0.00).


Primary Bk LT-Debt-to-Total-Asset Historical Data

The historical data trend for Primary Bk'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.

Primary Bk LT-Debt-to-Total-Asset Chart

Primary Bk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - - 0.02 -

Primary Bk Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset - - - 0.02 -

Primary Bk LT-Debt-to-Total-Asset Calculation

Primary Bk'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 )
=2.021/693.996
=0.00

Primary Bk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=2.021/693.996
=0.00

* 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.


Primary Bk  (OTCPK:PRMY) 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.


Primary Bk LT-Debt-to-Total-Asset Related Terms

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Primary Bk Business Description

Traded in Other Exchanges
N/A
Address
207 Route 101, Bedford, NH, USA, 03110
Primary Bk is banking service provider. The services offered by the company include online banking, mobile banking, remote deposit, cash management, and credit cards.

Primary Bk Headlines

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