Tectonic Financial (Tectonic Financial) Debt-to-Asset : 0.07 (As of Mar. 2019)

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What is Tectonic Financial Debt-to-Asset?

Tectonic Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil. Tectonic Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $20.13 Mil. Tectonic Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2019 was $310.58 Mil. Tectonic Financial's debt to asset for the quarter that ended in Mar. 2019 was 0.06.

Tectonic Financial Debt-to-Asset Historical Data

The historical data trend for Tectonic Financial's Debt-to-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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Tectonic Financial Debt-to-Asset Chart

Tectonic Financial Annual Data

Trend

Debt-to-Asset

Tectonic Financial Semi-Annual Data
	Mar18	Mar19
Debt-to-Asset	-	0.07

Competitive Comparison of Tectonic Financial's Debt-to-Asset

For the Banks - Regional subindustry, Tectonic Financial's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tectonic Financial's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tectonic Financial's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tectonic Financial's Debt-to-Asset falls into.

Tectonic Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tectonic Financial's Debt-to-Asset for the fiscal year that ended in . 20 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(	+	)	/
	=	N/A

Tectonic Financial's Debt-to-Asset for the quarter that ended in Mar. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	20.129)	/	310.578
	=	0.06

Tectonic Financial (NAS:TECTP.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tectonic Financial Debt-to-Asset Related Terms

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Tectonic Financial (Tectonic Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248

Website

https://www.t.financial

Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.

Executives

George L Ball	director, officer: Executive Co-Chairman	C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman	director, 10 percent owner, officer: Chairman	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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