Byline Bancorp (FRA:44F) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Byline 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. Byline Bancorp's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Byline Bancorp's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that Byline Bancorp is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Byline 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.

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

Byline Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.05

0.09

0.10

0.06

Byline Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.09	0.06	0.09

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

Byline 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 )
	=	460.26	/	8144.764
	=	0.06

Byline Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	764.652	/	8657.663
	=	0.09

Byline Bancorp (FRA:44F) 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.

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

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Byline Bancorp (FRA:44F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Byline Bancorp Inc (FRA:44F) » Definitions » LT-Debt-to-Total-Asset

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BY:USA

Address

180 North LaSalle Street, Suite 300, Chicago, IL, USA, 60601

Website

https://www.bylinebancorp.com

Byline Bancorp Inc is the holding company for Byline Bank, a full-service commercial bank serving small-and-medium-sized businesses, financial sponsors, and consumers. The company offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and online account opening to consumer and business. Also provide trust and wealth management services to our customers. In addition to traditional commercial banking business, company provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank.

Byline Bancorp (FRA:44F) Headlines

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