Territorial Bancorp (Territorial Bancorp) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Territorial 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. Territorial Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Territorial Bancorp's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.12). It may suggest that Territorial Bancorp is progressively becoming more dependent on debt to grow their business.

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

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

Territorial Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.07

0.12

Territorial Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.12	0.13	0.12	0.12

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

Territorial Bancorp'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 )
	=	259.297	/	2236.672
	=	0.12

Territorial Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	259.297	/	2236.672
	=	0.12

Territorial Bancorp (NAS:TBNK) 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.

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

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Territorial Bancorp (Territorial Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Territorial Bancorp Inc (NAS:TBNK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1003 Bishop Street, Suite 500, Pauahi Tower, Honolulu, HI, USA, 96813

Website

https://www.territorialsavings.net

Territorial Bancorp Inc operates as a bank holding company. It offers a wide variety of FDIC-insured deposit products and loan products for the consumer and small businesses. Its business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one-to four-family residential mortgage loans and investment securities. Its loan segment portfolio consists of Residential Mortgage; Construction, Commercial, and Other Mortgage Loans; Home Equity loans & line of credit; and Consumer & others.

Executives

Troy Yoshimasu	officer: Sr. VP/Chief Lending Officer	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Jan Sam	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Vernon Hirata	officer: Vice Chairman & Co-COO, other: Gen. Counsel & Secretary	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Ralph Y Nakatsuka	officer: Vice Chairman & Co-COO	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Howard Y Ikeda	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Allan S Kitagawa	director, officer: Chairman, President and CEO	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
David S Murakami	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
John M Ohama	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Kirk W Caldwell	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Jennifer Isobe	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Richard I Murakami	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Francis E. Tanaka	director	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Melvin M Miyamoto	officer: SVP and Treasurer	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Richard Kc Lau	officer: SVP	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813
Karen J Cox	officer: SVP	1132 BISHOP STREET, SUITE 2200, HONOLULU HI 96813