GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Internet Bancorp (NAS:INBK) » Definitions » Liabilities-to-Assets

First Internet Bancorp (First Internet Bancorp) Liabilities-to-Assets : 0.93 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is First Internet Bancorp Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Internet Bancorp's Total Liabilities for the quarter that ended in Mar. 2024 was $4,973.93 Mil. First Internet Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $5,340.67 Mil. Therefore, First Internet Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.93.


First Internet Bancorp Liabilities-to-Assets Historical Data

The historical data trend for First Internet Bancorp's Liabilities-to-Assets 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.

First Internet Bancorp Liabilities-to-Assets Chart

First Internet Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.92 0.91 0.92 0.93

First Internet Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.93 0.93 0.93 0.93 0.93

Competitive Comparison of First Internet Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, First Internet Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


First Internet Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Internet Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Internet Bancorp's Liabilities-to-Assets falls into.



First Internet Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Internet Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=4804.777/5167.572
=0.93

First Internet Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=4973.928/5340.667
=0.93

* 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.


First Internet Bancorp  (NAS:INBK) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Internet Bancorp Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of First Internet Bancorp's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


First Internet Bancorp (First Internet Bancorp) Business Description

Traded in Other Exchanges
Address
8701 E. 116th Street, Fishers, IN, USA, 46038
First Internet Bancorp is a bank holding company. Through its subsidiaries, it provides commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The company offers its products and services through the internet and does not have any branches. With operations organized into a single segment called the Commercial Banking segment, it also provides retail banking services.
Executives
Joseph A. Fenech director 8701 E. 116TH STREET, FISHERS IN 46038
Justin P. Christian director 11201 USA PARKWAY, FISHERS IN 46037
David B Becker director, officer: CEO, President, Chairman 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Aasif M. Bade director 11201 USA PARKWAY, FISHERS IN 46037
Nicole S. Lorch officer: SVP, Retail Banking 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Keach John K Jr director C/O HOME FEDERAL BANCORP, 501 WASHINGTON STREET, COLUMBUS IN 47201
Ann C. Dee director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Jerry L. Williams director 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Michael L Smith director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Ana Dutra director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
C. Charles Perfetti officer: Senior Vice President 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Kenneth J. Lovik officer: Sr. Vice President and CFO 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240
Ann D. Murtlow director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Jean L Wojtowicz director C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
David R. Lovejoy director, other: Vice Chairman of the Board 8888 KEYSTONE CROSSING, SUITE 1700, INDIANAPOLIS IN 46240

First Internet Bancorp (First Internet Bancorp) Headlines