SYBT (Stock Yards Bancorp) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 1988. Start your Free Trial

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

Stock Yards Bancorp's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.04). It may suggest that Stock Yards Bancorp is progressively becoming more dependent on debt to grow their business.

Stock Yards Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stock Yards 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.

Stock Yards Bancorp LT-Debt-to-Total-Asset Chart

Stock Yards Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.03

0.04

Stock Yards Bancorp 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															0.03	0.03	0.05	0.04	0.04

Stock Yards Bancorp LT-Debt-to-Total-Asset Calculation

Stock Yards Bancorp'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 )
	=	326.806	/	8863.419
	=	0.04

Stock Yards Bancorp'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 )
	=	326.806	/	8863.419
	=	0.04

Stock Yards Bancorp (NAS:SYBT) 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.

Stock Yards Bancorp LT-Debt-to-Total-Asset Related Terms

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

Stock Yards Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stock Yards Bancorp Inc (NAS:SYBT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

S4Y:Germany

Address

1040 East Main Street, Louisville, KY, USA, 40206

Website

https://www.syb.com

Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth Management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.

Executives

Michael B Newton	officer: Sr. Vice President	PO BOX 32890, LOUISVILLE KY 40232
David P Heintzman	director, officer: President	PO BOX 32890, LOUISVILLE KY 40232-2890
Philip Poindexter	officer: Executive Vice President	320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Michael Rehm	officer: Executive Vice President	PO BOX 32890, LOUISVILLE KY 40232
Michael Croce	officer: Executive Vice President	PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman	officer: Executive Vice President	PO BOX 32890, LOUISVILLE KY 40232-2890
Richard A Lechleiter	director	PO BOX 32890, LOUISVILLE KY 40232-2890
James A Hillebrand	officer: Executive Vice President	13308 LONGWOOD LANE, GOSHEN KY 40026
Shannon Bishop Arvin	director	PO BOX 157, PARIS KY 40362-0157
Kathy C Thompson	director, officer: Executive Vice President	PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan	director	PO BOX 32890, LOUISVILLE KY 40232
John Schutte	director	9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde	director	8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Laura L Wells	director	PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii	director	PO BOX 32890, LOUISVILLE KY 40232