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United Bancorp Of Alabama (United Bancorp Of Alabama) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)


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What is United Bancorp Of Alabama 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. United Bancorp Of Alabama's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

United Bancorp Of Alabama's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.03). It may suggest that United Bancorp Of Alabama is progressively becoming more dependent on debt to grow their business.

United Bancorp Of Alabama LT-Debt-to-Total-Asset Historical Data

The historical data trend for United Bancorp Of Alabama'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.

* Premium members only.

United Bancorp Of Alabama LT-Debt-to-Total-Asset Chart

United Bancorp Of Alabama Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.01 0.03

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
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 0.01 0.01 0.03 0.03 0.03

United Bancorp Of Alabama LT-Debt-to-Total-Asset Calculation

United Bancorp Of Alabama'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 )
=40.792/1389.987
=0.03

United Bancorp Of Alabama'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 )
=40.457/1393.817
=0.03

* 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) 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.

United Bancorp Of Alabama LT-Debt-to-Total-Asset Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bancorp Of Alabama Inc (OTCPK:UBAB) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
CMRB ISTR LYBC OAKC UBFO FNWB CWBC FRAF MRBK FGBI NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
200 East Nashville Avenue, Atmore, AL, USA, 36502
Website
https://www.unitedbank.com
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