WRIV (White River Bancshares Co) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

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What is White River Bancshares 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. White River Bancshares Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

White River Bancshares Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.06). It may suggest that White River Bancshares Co is progressively becoming more dependent on debt to grow their business.

White River Bancshares Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for White River Bancshares 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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White River Bancshares Co LT-Debt-to-Total-Asset Chart

White River Bancshares Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.03

0.07

0.08

White River Bancshares Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.08	0.07	0.08	0.06

White River Bancshares Co LT-Debt-to-Total-Asset Calculation

White River Bancshares Co'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 )
	=	87.6	/	1133.056
	=	0.08

White River Bancshares Co'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 )
	=	73.829	/	1215.755
	=	0.06

White River Bancshares Co (OTCPK:WRIV) 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.

White River Bancshares Co LT-Debt-to-Total-Asset Related Terms

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White River Bancshares Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » White River Bancshares Co (OTCPK:WRIV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3878 North Crossover Road, P. O. Box 8550, Suite 20, Fayetteville, AR, USA, 72703

Website

https://www.signature.bank

White River Bancshares Co is a bank holding company. Through its subsidiary, it is engaged in providing a full range of financial services to individuals and commercial customers in Washington, Benton, Monroe, and Boone Counties in Arkansas. The Bank's primary deposit products are demand deposit accounts and certificates of deposit. Its primary lending products are real estate and commercial loans.