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Town Center Bank IL (Town Center Bank IL) Debt-to-Revenue : 2.91 (As of Mar. 2024)


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What is Town Center Bank IL Debt-to-Revenue?

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

Town Center Bank IL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Town Center Bank IL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20.03 Mil. Town Center Bank IL's annualized Revenue for the quarter that ended in Mar. 2024 was $6.89 Mil. Town Center Bank IL's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 2.91.


Town Center Bank IL Debt-to-Revenue Historical Data

The historical data trend for Town Center Bank IL'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.

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Town Center Bank IL Debt-to-Revenue Chart

Town Center Bank IL 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 1.51 0.99 0.06 3.32

Town Center Bank IL Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 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 N/A - 2.85 N/A 2.91

Competitive Comparison of Town Center Bank IL's Debt-to-Revenue

For the Banks - Regional subindustry, Town Center Bank IL'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.


Town Center Bank IL's Debt-to-Revenue Distribution in the Banks Industry

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

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



Town Center Bank IL Debt-to-Revenue Calculation

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

Town Center Bank IL'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 + 20.03) / 6.029
=3.32

Town Center Bank IL'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 + 20.03) / 6.892
=2.91

* 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.


Town Center Bank IL Debt-to-Revenue Related Terms

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Town Center Bank IL (Town Center Bank IL) Business Description

Traded in Other Exchanges
N/A
Address
1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451
Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

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