FSB Bancorp (FSB Bancorp) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2019)

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What is FSB 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. FSB Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.16.

FSB Bancorp's long-term debt to total assets ratio declined from Dec. 2018 (0.18) to Dec. 2019 (0.16). It may suggest that FSB Bancorp is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for FSB 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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FSB Bancorp LT-Debt-to-Total-Asset Chart

FSB Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.18

0.19

0.16

0.18

0.16

FSB Bancorp Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.18	0.17	0.17	0.16

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

FSB Bancorp'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 )
	=	53.057	/	323.31
	=	0.16

FSB Bancorp'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 )
	=	53.057	/	323.31
	=	0.16

FSB Bancorp (NAS:FSBC) 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.

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

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FSB Bancorp (FSB Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FSB Bancorp Inc (NAS:FSBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 South Main Street, Fairport, NY, USA, 14450

Website

https://www.fairportsavingsbank.com

FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.

Executives

Kevin D Maroney

director, officer: President and CEO

45 SOUTH MAIN STREET, FAIRPORT NY 14450