GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (FRA:3T8) » Definitions » Debt-to-Revenue

Towne Bank (FRA:3T8) Debt-to-Revenue : 0.39 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Towne Bank Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Towne Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. Towne Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €239.0 Mil. Towne Bank's annualized Revenue for the quarter that ended in Mar. 2024 was €614.9 Mil. Towne Bank's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.


Towne Bank Debt-to-Revenue Historical Data

The historical data trend for Towne Bank's Debt-to-Revenue 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.

Towne Bank Debt-to-Revenue Chart

Towne Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.07 0.60 0.40 0.66

Towne Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 1.03 1.39 0.52 0.73 0.39

Competitive Comparison of Towne Bank's Debt-to-Revenue

For the Banks - Regional subindustry, Towne Bank's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Towne Bank's Debt-to-Revenue Distribution in the Banks Industry

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

* The bar in red indicates where Towne Bank's Debt-to-Revenue falls into.



Towne Bank Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Towne Bank's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 421.594) / 637.396
=0.66

Towne Bank's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 239.003) / 614.936
=0.39

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Towne Bank Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Towne Bank's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Towne Bank (FRA:3T8) Business Description

Traded in Other Exchanges
Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

Towne Bank (FRA:3T8) Headlines

No Headlines