Wintrust Financial (STU:WF2) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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

What is Wintrust Financial 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. Wintrust Financial's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Wintrust Financial's long-term debt to total assets ratio increased from Sep. 2023 (0.07) to Sep. 2024 (0.07). It may suggest that Wintrust Financial is progressively becoming more dependent on debt to grow their business.

Wintrust Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wintrust Financial'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.

Wintrust Financial LT-Debt-to-Total-Asset Chart

Wintrust Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.06

0.07

Wintrust Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.07

Wintrust Financial LT-Debt-to-Total-Asset Calculation

Wintrust Financial'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 )
	=	3346.945	/	51590.359
	=	0.06

Wintrust Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3937.466	/	57473.37
	=	0.07

Wintrust Financial (STU:WF2) 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.

Wintrust Financial LT-Debt-to-Total-Asset Related Terms

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

Wintrust Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wintrust Financial Corp (STU:WF2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WTFCP.PFD:USA WTFCM.PFD:USA WTFC:USA

Address

9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018

Website

https://www.wintrust.com

Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.

Wintrust Financial Headlines

No Headlines