Highlands Bankshares (WV) (Highlands Bankshares (WV)) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2018)

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What is Highlands Bankshares (WV) 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. Highlands Bankshares (WV)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2018 was 0.03.

Highlands Bankshares (WV)'s long-term debt to total assets ratio increased from Dec. 2016 (0.02) to Dec. 2018 (0.03). It may suggest that Highlands Bankshares (WV) is progressively becoming more dependent on debt to grow their business.

Highlands Bankshares (WV) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Highlands Bankshares (WV)'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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Highlands Bankshares (WV) LT-Debt-to-Total-Asset Chart

Highlands Bankshares (WV) Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

0.03

Highlands Bankshares (WV) Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.02	0.01	0.03

Highlands Bankshares (WV) LT-Debt-to-Total-Asset Calculation

Highlands Bankshares (WV)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	10.492	/	413.193
	=	0.03

Highlands Bankshares (WV)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (Q: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2018 )	/	Total Assets (Q: Dec. 2018 )
	=	10.492	/	413.193
	=	0.03

Highlands Bankshares (WV) (OTCPK:HBSI) 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.

Highlands Bankshares (WV) LT-Debt-to-Total-Asset Related Terms

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Highlands Bankshares (WV) (Highlands Bankshares (WV)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Highlands Bankshares Inc (WV) (OTCPK:HBSI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 North Main Street, P.O. Box 929, Petersburg, WV, USA, 26847

Website

https://www.highlandsbankshares.com

Highlands Bankshares Inc (WV) operates as a holding company, which engages in the provision of financial and banking services through its subsidiaries. It offers a variety of services, including commercial and individual demand and time deposit accounts, commercial and individual loans, drive-in banking services, and automatic teller machine banking. The banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph, and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis, and Wardensville.

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