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Avidbank Holdings (Avidbank Holdings) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2019)


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What is Avidbank Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Avidbank Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.02.

Avidbank Holdings's long-term debt to total assets ratio declined from Dec. 2017 (0.05) to Dec. 2019 (0.02). It may suggest that Avidbank Holdings is progressively becoming less dependent on debt to grow their business.

Avidbank Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avidbank Holdings's LT-Debt-to-Total-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.

Avidbank Holdings LT-Debt-to-Total-Asset Chart

Avidbank Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.05 0.01 0.02

Avidbank Holdings Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
LT-Debt-to-Total-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 0.02 0.02 0.05 0.01 0.02

Avidbank Holdings LT-Debt-to-Total-Asset Calculation

Avidbank Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )/Total Assets (A: Dec. 2019 )
=21.57/1131.557
=0.02

Avidbank Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )/Total Assets (Q: Dec. 2019 )
=21.57/1131.557
=0.02

* 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.

Avidbank Holdings  (OTCPK:AVBH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Avidbank Holdings LT-Debt-to-Total-Asset Related Terms

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Avidbank Holdings (Avidbank Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avidbank Holdings Inc (OTCPK:AVBH) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
BKSC OPBK PBIP EFSI KTYB LMST CPKF FFNW EMYB PROV SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB SHSE:601166 TFC PNC SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
1732 North 1st Street, 6th Floor, San Jose, CA, USA, 95112
Website
https://www.avidbank.com
Avidbank Holdings Inc is a full-service commercial bank. It offers various services such as commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction, and commercial real estate lending.