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Thurgauer Kantonalbank (XSWX:TKBP) Debt-to-Asset : 0.28 (As of Dec. 2023)


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What is Thurgauer Kantonalbank Debt-to-Asset?

Thurgauer Kantonalbank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil. Thurgauer Kantonalbank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF9,047.9 Mil. Thurgauer Kantonalbank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was CHF32,803.0 Mil. Thurgauer Kantonalbank's debt to asset for the quarter that ended in Dec. 2023 was 0.28.


Thurgauer Kantonalbank Debt-to-Asset Historical Data

The historical data trend for Thurgauer Kantonalbank'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.

* Premium members only.

Thurgauer Kantonalbank Debt-to-Asset Chart

Thurgauer Kantonalbank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.23 0.24 0.25 0.28

Thurgauer Kantonalbank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.24 0.25 0.26 0.28

Competitive Comparison of Thurgauer Kantonalbank's Debt-to-Asset

For the Banks - Regional subindustry, Thurgauer Kantonalbank'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.


Thurgauer Kantonalbank's Debt-to-Asset Distribution in the Banks Industry

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

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



Thurgauer Kantonalbank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thurgauer Kantonalbank's Debt-to-Asset for the fiscal year that ended in Dec. 2023 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 + 9047.876) / 32802.993
=0.28

Thurgauer Kantonalbank's Debt-to-Asset for the quarter that ended in Dec. 2023 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 + 9047.876) / 32802.993
=0.28

* 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.


Thurgauer Kantonalbank  (XSWX:TKBP) 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.


Thurgauer Kantonalbank Debt-to-Asset Related Terms

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Thurgauer Kantonalbank (XSWX:TKBP) Business Description

Traded in Other Exchanges
Address
Bank Platz 1, Weinfelden, CHE, 8570
Thurgauer Kantonalbank provides banking services. The Company is also engaged in customized investment strategy, asset management solutions for private individuals, analyze and optimize finances and property development. It offers accounts, mortgages, loans, insurance, trade finance and foreign exchange services, payment services, investment advisory services, and financial planning services.

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