WOBK (Woodsboro Bk MD) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Woodsboro Bk MD 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. Woodsboro Bk MD's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Woodsboro Bk MD's long-term debt to total assets ratio declined from Dec. 2021 (0.00) to Dec. 2023 (0.00). It may suggest that Woodsboro Bk MD is progressively becoming less dependent on debt to grow their business.

Woodsboro Bk MD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Woodsboro Bk MD'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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Woodsboro Bk MD LT-Debt-to-Total-Asset Chart

Woodsboro Bk MD Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Woodsboro Bk MD Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.01	0.01	-	-	-

Woodsboro Bk MD LT-Debt-to-Total-Asset Calculation

Woodsboro Bk MD'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 )
	=	1.161	/	412.082
	=	0.00

Woodsboro Bk MD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1.161	/	412.082
	=	0.00

Woodsboro Bk MD (OTCPK:WOBK) 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.

Woodsboro Bk MD LT-Debt-to-Total-Asset Related Terms

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Woodsboro Bk MD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woodsboro Bk MD (OTCPK:WOBK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 North Main Street, Woodsboro, MD, USA, 21798

Website

https://www.woodsborobank.com

Woodsboro Bk MD provides a variety of financial services to individuals and corporate customers in its principal market area of Frederick County, Maryland through its five offices in Woodsboro, Frederick, and Thurmont, Maryland.

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