Merchants Financial Group (Merchants Financial Group) LT-Debt-to-Total-Asset : 0.00 (As of . 20)

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What is Merchants Financial Group 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. Merchants Financial Group's long-term debt to total assests ratio for the quarter that ended in . 20 was 0.00.

Merchants Financial Group's long-term debt to total assets ratio stayed the same from . 20 (0.00) to . 20 (0.00).

Merchants Financial Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merchants Financial Group'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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Merchants Financial Group LT-Debt-to-Total-Asset Chart

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Merchants Financial Group Quarterly Data

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Merchants Financial Group LT-Debt-to-Total-Asset Calculation

Merchants Financial Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Merchants Financial Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in . 20 is calculated as

LT Debt to Total Assets (Q: . 20 )	=	Long-Term Debt & Capital Lease Obligation (Q: . 20 )	/	Total Assets (Q: . 20 )
	=		/
	=

Merchants Financial Group (OTCPK:MFGI) 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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Merchants Financial Group (Merchants Financial Group) Business Description

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Address

102 East Third Street, Winona, MN, USA, 55987

Website

https://www.merchantsbank.com

Merchants Financial Group Inc is a bank holding company with one wholly-owned bank subsidiary, Merchants Bank, National Association. It provides retail, commercial loan and deposit services principally to customers within a 50-mile radius of its locations. The Bank has a leasing division, Merchants Bank Equipment Finance, which operates in the Minneapolis-St. Paul, Minnesota, metropolitan area.

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