Redwood Capital Bancorp (Redwood Capital Bancorp) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Redwood Capital 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. Redwood Capital Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Redwood Capital Bancorp's long-term debt to total assets ratio increased from Dec. 2021 (0.02) to Dec. 2023 (0.02). It may suggest that Redwood Capital Bancorp is progressively becoming more dependent on debt to grow their business.

Redwood Capital Bancorp LT-Debt-to-Total-Asset Historical Data

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

Redwood Capital Bancorp Annual Data

Trend

Dec04

Dec05

Dec06

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

Redwood Capital Bancorp Semi-Annual Data
	Dec04	Dec05	Dec06	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.02	0.02	0.02	0.02

Redwood Capital Bancorp LT-Debt-to-Total-Asset Calculation

Redwood Capital Bancorp'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 )
	=	11	/	521.44
	=	0.02

Redwood Capital Bancorp'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 )
	=	11	/	521.44
	=	0.02

Redwood Capital Bancorp (OTCPK:RWCB) 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.

Redwood Capital Bancorp LT-Debt-to-Total-Asset Related Terms

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Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

402 G Street, Eureka, CA, USA, 95501

Website

https://www.redwoodcapitalbank.com

Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.