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Farmers Bank of Appomattox (Farmers Bank of Appomattox) Liabilities-to-Assets : 0.91 (As of Dec. 2023)


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What is Farmers Bank of Appomattox Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Farmers Bank of Appomattox's Total Liabilities for the quarter that ended in Dec. 2023 was $312.48 Mil. Farmers Bank of Appomattox's Total Assets for the quarter that ended in Dec. 2023 was $345.11 Mil. Therefore, Farmers Bank of Appomattox's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.91.


Farmers Bank of Appomattox Liabilities-to-Assets Historical Data

The historical data trend for Farmers Bank of Appomattox's Liabilities-to-Assets 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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Farmers Bank of Appomattox Liabilities-to-Assets Chart

Farmers Bank of Appomattox Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.87 0.88 0.91 0.91

Farmers Bank of Appomattox Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.91 0.91 0.91 0.91

Competitive Comparison of Farmers Bank of Appomattox's Liabilities-to-Assets

For the Banks - Regional subindustry, Farmers Bank of Appomattox's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers Bank of Appomattox's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers Bank of Appomattox's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Farmers Bank of Appomattox's Liabilities-to-Assets falls into.



Farmers Bank of Appomattox Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Farmers Bank of Appomattox's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=312.476/345.11
=0.91

Farmers Bank of Appomattox's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=312.476/345.11
=0.91

* 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.


Farmers Bank of Appomattox  (OTCPK:FBPA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Farmers Bank of Appomattox Liabilities-to-Assets Related Terms

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Farmers Bank of Appomattox (Farmers Bank of Appomattox) Business Description

Traded in Other Exchanges
N/A
Address
223 Main Street, Appomattox, VA, USA, 24522
Farmers Bank of Appomattox provides banking services. It is engaged in personal and business banking services including checking & savings, certificate of deposit, loans/mortgages, commercial checking, and commercial loans.

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