Versailles Financial (Versailles Financial) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2012)

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What is Versailles 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. Versailles Financial's long-term debt to total assests ratio for the quarter that ended in Sep. 2012 was 0.11.

Versailles Financial's long-term debt to total assets ratio declined from Sep. 2011 (0.15) to Sep. 2012 (0.11). It may suggest that Versailles Financial is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Versailles 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.

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

Versailles Financial Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

LT-Debt-to-Total-Asset

0.18

0.17

0.14

0.11

Versailles Financial Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.15	0.13	0.13	0.11	0.11

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

Versailles Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2012 is calculated as

LT Debt to Total Assets (A: Jun. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2012 )	/	Total Assets (A: Jun. 2012 )
	=	5	/	45.26
	=	0.11

Versailles Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

LT Debt to Total Assets (Q: Sep. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2012 )	/	Total Assets (Q: Sep. 2012 )
	=	5	/	45.609
	=	0.11

Versailles Financial (OTCPK:VERF) 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.

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

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Versailles Financial (Versailles Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Versailles Financial Corp (OTCPK:VERF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10413 Kley Road, PO Box 92, Versailles, OH, USA, 45380

Website

http://www.versaillessavingsbank.com

Versailles Financial Corp is an Ohio chartered savings and loan company. Its business consists of accepting savings accounts and certificates of deposits from the general public and investing those deposits. The company also offers real estate loans and other services.

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