PTBS (Potomac Bancshares) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Potomac 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. Potomac Bancshares's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Potomac Bancshares's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.04). It may suggest that Potomac Bancshares is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Potomac 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.

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

Potomac Bancshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.04

Potomac 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															-	-	0.02	-	0.04

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

Potomac 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 )
	=	38.958	/	877.349
	=	0.04

Potomac 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 )
	=	38.958	/	877.349
	=	0.04

Potomac Bancshares (OTCPK:PTBS) 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.

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

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Potomac Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Potomac Bancshares Inc (OTCPK:PTBS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906

Website

https://www.mybct.com

Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.