First Berlin Bancorp (First Berlin Bancorp) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is First Berlin 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. First Berlin Bancorp's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

First Berlin Bancorp's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.12). It may suggest that First Berlin Bancorp is progressively becoming more dependent on debt to grow their business.

First Berlin Bancorp LT-Debt-to-Total-Asset Historical Data

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

First Berlin Bancorp Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.02

0.05

First Berlin Bancorp Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.05	0.09	0.08	0.05	0.12

First Berlin Bancorp LT-Debt-to-Total-Asset Calculation

First Berlin 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 )
	=	30.849	/	638.675
	=	0.05

First Berlin 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 )
	=	75.645	/	640.262
	=	0.12

First Berlin Bancorp (OTCPK:FTFI) 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.

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First Berlin Bancorp (First Berlin Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 W Huron Street, Berlin, WI, USA, 54923

Website

https://www.fortifibank.com

First Berlin Bancorp Inc provides a full range of banking products and services to businesses and consumers through a nine-branch network ranging from south-central to northeast Wisconsin. Some of its services include Checking Accounts; Personal, Home and Auto Loans; Treasury Management; Online and Mobile Banking, and others.

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