Nicolet Bankshares (Nicolet Bankshares) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Nicolet Bankshares 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. Nicolet Bankshares's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Nicolet Bankshares's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Nicolet Bankshares is progressively becoming less dependent on debt to grow their business.

Nicolet Bankshares LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nicolet Bankshares'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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Nicolet Bankshares LT-Debt-to-Total-Asset Chart

Nicolet Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.03

0.02

Nicolet Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Nicolet Bankshares LT-Debt-to-Total-Asset Calculation

Nicolet Bankshares's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	166.93	/	8468.678
	=	0.02

Nicolet Bankshares's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	162.257	/	8446.662
	=	0.02

Nicolet Bankshares (NYSE:NIC) 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.

Nicolet Bankshares LT-Debt-to-Total-Asset Related Terms

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Nicolet Bankshares (Nicolet Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nicolet Bankshares Inc (NYSE:NIC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Washington Street, Green Bay, WI, USA, 54301

Website

https://www.nicoletbank.com

Nicolet Bankshares Inc is a United States-based bank holding company engaged in banking, consisting of lending and deposit gathering, ancillary banking-related products and services, to businesses and individuals. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.

Executives

Eric James Witczak	officer: EVP - Nicolet National Bank	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Patrick Joseph Madson	officer: SVP-Wealth Mgmt-NicoletNatBank	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Robert Bruce Atwell	director, officer: Pres. and Chief Executive Off.	C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Susan L Merkatoris	director	C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON ST, GREEN BAY WI 54301
Michael E Daniels	director, officer: EVP and Secretary	C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brad Vincent Hutjens	officer: SVP - CCO - Nicolet Natl Bank	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Glen E Tellock	director	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Hector Colon	director	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Moore Hubert Phillip Jr	officer: CFO	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Brenda L Johnson	director	C/O NICOLET BANKSHARES, INC., 111 N. WASHINGTON STREET, GREEN BAY WI 54301
Christopher J. Ghidorzi	director	C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
John Nicholas Dykema	director	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Marcia M Anderson	director	133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Robert J Weyers	director	C/O NICOLET NATIONAL BANK, 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301
Eric Peter Radzak	officer: Corp Dev Off Nicolet Nat Bank	C/O NICOLET BANKSHARES, INC., 111 NORTH WASHINGTON STREET, GREEN BAY WI 54301