US Metro Bancorp (US Metro Bancorp) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is US Metro 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. US Metro Bancorp's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

US Metro Bancorp's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.02). It may suggest that US Metro Bancorp is progressively becoming less dependent on debt to grow their business.

US Metro Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for US Metro 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.

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US Metro Bancorp LT-Debt-to-Total-Asset Chart

US Metro Bancorp Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.05

0.04

US Metro Bancorp Quarterly Data
	Mar07	Jun07	Sep07	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.03	0.03	0.03	0.04	0.02

US Metro Bancorp LT-Debt-to-Total-Asset Calculation

US Metro Bancorp'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 )
	=	50.626	/	1226.261
	=	0.04

US Metro Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	30.062	/	1294.96
	=	0.02

US Metro Bancorp (OTCPK:USMT) 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.

US Metro Bancorp LT-Debt-to-Total-Asset Related Terms

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US Metro Bancorp (US Metro Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » US Metro Bancorp (OTCPK:USMT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9866 Garden Grove Boulevard, Garden Grove, CA, USA, 92844

Website

https://www.usmetrobank.com

US Metro Bancorp operates as a bank holding company. It provides checking, savings, loans, online banking, mobile banking, certificate of deposits, and others. The bank offers services to professionals and small- to medium-sized businesses. It generates revenue in the form of interest income.

US Metro Bancorp (US Metro Bancorp) Headlines

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