Republic First Bancorp (STU:RFB) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Republic First 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. Republic First Bancorp's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.02.

Republic First Bancorp's long-term debt to total assets ratio declined from Sep. 2021 (0.02) to Sep. 2022 (0.02). It may suggest that Republic First Bancorp is progressively becoming less dependent on debt to grow their business.

Republic First Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Republic First 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.

* Premium members only.

Republic First Bancorp LT-Debt-to-Total-Asset Chart

Republic First Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.14

0.02

Republic First Bancorp Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.17

Republic First Bancorp LT-Debt-to-Total-Asset Calculation

Republic First Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	82.347	/	4979.591
	=	0.02

Republic First Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )	/	Total Assets (Q: Sep. 2022 )
	=	91.811	/	6059.247
	=	0.02

Republic First Bancorp (STU:RFB) 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.

Republic First Bancorp LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Republic First Bancorp's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Republic First Bancorp (STU:RFB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic First Bancorp Inc (STU:RFB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FRBK:USA

Address

50 South 16th Street, Philadelphia, PA, USA, 19102

Website

https://www.myrepublicbank.com

Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.

Republic First Bancorp (STU:RFB) Headlines

No Headlines