Western Pacific Trust Co (TSXV:WP) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

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What is Western Pacific Trust Co 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. Western Pacific Trust Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

Western Pacific Trust Co's long-term debt to total assets ratio declined from Dec. 2023 (0.23) to Dec. 2024 (0.18). It may suggest that Western Pacific Trust Co is progressively becoming less dependent on debt to grow their business.

Western Pacific Trust Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Western Pacific Trust Co'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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Western Pacific Trust Co LT-Debt-to-Total-Asset Chart

Western Pacific Trust Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.16

0.20

0.27

0.23

0.18

Western Pacific Trust Co 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															0.23	0.22	0.19	0.18	0.18

Western Pacific Trust Co LT-Debt-to-Total-Asset Calculation

Western Pacific Trust Co'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 )
	=	0.698	/	3.869
	=	0.18

Western Pacific Trust Co'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 )
	=	0.698	/	3.869
	=	0.18

Western Pacific Trust Co (TSXV:WP) 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.

Western Pacific Trust Co LT-Debt-to-Total-Asset Related Terms

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Western Pacific Trust Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Pacific Trust Co (TSXV:WP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2

Website

https://www.westernpacifictrust.com

Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as a Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.

Executives