CMUV Bancorp (CMUV Bancorp) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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

What is CMUV Bancorp 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. CMUV Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

CMUV Bancorp's long-term debt to total assets ratio declined from Dec. 2021 (0.05) to Dec. 2023 (0.03). It may suggest that CMUV Bancorp is progressively becoming less dependent on debt to grow their business.

CMUV Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for CMUV Bancorp'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.

CMUV Bancorp LT-Debt-to-Total-Asset Chart

CMUV Bancorp Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.10

0.05

0.04

0.03

CMUV Bancorp Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.10	0.05	0.04	0.03

CMUV Bancorp LT-Debt-to-Total-Asset Calculation

CMUV Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	8.736	/	297.011
	=	0.03

CMUV Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	8.736	/	297.011
	=	0.03

CMUV Bancorp (OTCPK:CMUV) 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.

CMUV Bancorp LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of CMUV Bancorp's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CMUV Bancorp (CMUV Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CMUV Bancorp (OTCPK:CMUV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1443 W. Main Street, P.O. Box 1808, El Centro, CA, USA, 92243

Website

https://www.yourcvb.com

CMUV Bancorp, formerly Community Valley Bank CA is an independent community bank. It is engaged in providing deposit and loan services to businesses, non-profit organizations and individuals. It offers personal, business banking and various other online banking services.