TMAK (Touchmark Bancshares) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Touchmark Bancshares 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. Touchmark Bancshares's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Touchmark Bancshares's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Sep. 2024 (0.00).

Touchmark Bancshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Touchmark Bancshares'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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Touchmark Bancshares LT-Debt-to-Total-Asset Chart

Touchmark Bancshares Annual Data

Trend

Dec09

Dec10

Dec11

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.02

Touchmark Bancshares Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Touchmark Bancshares LT-Debt-to-Total-Asset Calculation

Touchmark Bancshares'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 )
	=	0.076	/	527.173
	=	0.00

Touchmark Bancshares'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 )
	=	0	/	464.973
	=

Touchmark Bancshares (OTCPK:TMAK) 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.

Touchmark Bancshares LT-Debt-to-Total-Asset Related Terms

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Touchmark Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Touchmark Bancshares Inc (OTCPK:TMAK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Old Milton Parkway, Alpharetta, GA, USA, 30005

Website

https://www.touchmarknb.com

Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. It offers services including Online banking, Personal banking, Business banking, and SBA, Its sources of revenue are derived from the Bank's loans to customers and its investment portfolio.

Executives

Howard R. Greenfield

director

3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092

Touchmark Bancshares Headlines

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