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TFSL (TFS Financial) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)


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What is TFS 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. TFS Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

TFS Financial's long-term debt to total assets ratio declined from Dec. 2023 (0.30) to Dec. 2024 (0.28). It may suggest that TFS Financial is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for TFS 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.

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

TFS Financial Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.22 0.31 0.31 0.28

TFS Financial 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.29 0.28 0.28 0.28

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

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

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=4821.6/17090.785
=0.28

TFS Financial'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 )
=4695.741/17057.586
=0.28

* 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.


TFS Financial  (NAS:TFSL) 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.


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

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TFS Financial Business Description

Traded in Other Exchanges
Address
7007 Broadway Avenue, Cleveland, OH, USA, 44105
TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.
Executives
Anthony J Asher director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Marc A Stefanski director, officer: Chairman, President and CEO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Daniel Fabian Weir director 7007 BROADWAY AVE, CLEVELAND OH 44105
Meredith S Weil officer: Chief Retail Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Benjamin Stefanski Gavin officer: Chief Lending Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Cathy W Zbanek officer: Chief Mkting Off of subsidiary 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Barbara J. Anderson director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Ashley H Williams director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Bradley Taylor Stefanski officer: Chief Strategy Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Russell Clay Holmes officer: Chief Retail Officer 7007 BROADWAY, CLEVELAND OH 44105
Timothy W Mulhern officer: Finance Manager - Future CFO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Martin J Cohen director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Paul J Huml officer: Chief Operating Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Robert A Fiala director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707