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Clifton Bancorp (Clifton Bancorp) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2017)


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What is Clifton 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. Clifton Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.26.

Clifton Bancorp's long-term debt to total assets ratio increased from Dec. 2016 (0.18) to Dec. 2017 (0.26). It may suggest that Clifton Bancorp is progressively becoming more dependent on debt to grow their business.


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

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

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.09 0.19 0.19

Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
LT-Debt-to-Total-Asset 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 0.18 0.19 0.21 0.22 0.26

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

Clifton Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (A: Mar. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2017 )/Total Assets (A: Mar. 2017 )
=275.8/1431.803
=0.19

Clifton Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )/Total Assets (Q: Dec. 2017 )
=436.4/1669.474
=0.26

* 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.


Clifton Bancorp  (NAS:CSBK) 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.


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

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Clifton Bancorp (Clifton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004