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United Bancorp Of Alabama (United Bancorp Of Alabama) Liabilities-to-Assets : 0.82 (As of Mar. 2024)


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What is United Bancorp Of Alabama 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. United Bancorp Of Alabama's Total Liabilities for the quarter that ended in Mar. 2024 was $1,140.60 Mil. United Bancorp Of Alabama's Total Assets for the quarter that ended in Mar. 2024 was $1,393.82 Mil. Therefore, United Bancorp Of Alabama's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.82.


United Bancorp Of Alabama Liabilities-to-Assets Historical Data

The historical data trend for United Bancorp Of Alabama'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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United Bancorp Of Alabama Liabilities-to-Assets Chart

United Bancorp Of Alabama Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.90 0.90 0.85 0.82

United Bancorp Of Alabama Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.83 0.83 0.84 0.82 0.82

Competitive Comparison of United Bancorp Of Alabama's Liabilities-to-Assets

For the Banks - Regional subindustry, United Bancorp Of Alabama'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.


United Bancorp Of Alabama's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, United Bancorp Of Alabama's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where United Bancorp Of Alabama's Liabilities-to-Assets falls into.



United Bancorp Of Alabama 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.

United Bancorp Of Alabama'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
=1141.351/1389.987
=0.82

United Bancorp Of Alabama's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1140.603/1393.817
=0.82

* 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.


United Bancorp Of Alabama  (OTCPK:UBAB) 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.


United Bancorp Of Alabama Liabilities-to-Assets Related Terms

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United Bancorp Of Alabama (United Bancorp Of Alabama) Business Description

Traded in Other Exchanges
N/A
Address
200 East Nashville Avenue, Atmore, AL, USA, 36502
United Bancorp Of Alabama Inc is a bank holding company, which offers a broad range of banking services. The company serves the areas of Baldwin, Escambia, and Monroe Counties, Alabama, and Santa Rosa County, Florida. Some of its services include Personal Loans; Visa Credit Cards; Online/Mobile Banking; Safe Deposit Boxes and others.
Executives
Leslie H Cunningham director P O BOX 8, ATMORE AL 36502
Richard King Maxwell director P O BOX 8, ATMORE AL 36502
Dale M Ash director P.O. DRAWER 8, ATMORE AL 36504
Allen Jr Jones officer: CFO & Treasurer P O BOX 8, ATMORE AL 365074
John Wayne Trawick director P O BOX 8, ATMORE AL 36502
Jones Robert R Iii director, officer: President P.O. DRAWER 8, ATMORE AL 36504
William J Justice director P.O. DRAWER 8, ATMORE AL 36504
L Walter Crim director P.O. DRAWER 8, ATMORE AL 36504
David D Swift director, officer: Secretary P.O. DRAWER 8, ATMORE AL 36504
Michael R Andreoli director P.O. DRAWER 8, ATMORE AL 36504
William C Grissett director P.O. DRAWER 8, ATMORE AL 36504