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Glarner Kantonalbank (FRA:GLR) Debt-to-Asset : 0.34 (As of Jun. 2024)


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What is Glarner Kantonalbank Debt-to-Asset?

Glarner Kantonalbank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.0 Mil. Glarner Kantonalbank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €3,196.3 Mil. Glarner Kantonalbank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €9,537.6 Mil. Glarner Kantonalbank's debt to asset for the quarter that ended in Jun. 2024 was 0.34.


Glarner Kantonalbank Debt-to-Asset Historical Data

The historical data trend for Glarner Kantonalbank's Debt-to-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.

Glarner Kantonalbank Debt-to-Asset Chart

Glarner Kantonalbank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.23 0.26 0.28 0.33

Glarner Kantonalbank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
Debt-to-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 0.25 0.28 0.29 0.33 0.34

Competitive Comparison of Glarner Kantonalbank's Debt-to-Asset

For the Banks - Regional subindustry, Glarner Kantonalbank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glarner Kantonalbank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glarner Kantonalbank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Glarner Kantonalbank's Debt-to-Asset falls into.



Glarner Kantonalbank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Glarner Kantonalbank's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 3029.386) / 9323.275
=0.32

Glarner Kantonalbank's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 3196.295) / 9537.575
=0.34

* 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.


Glarner Kantonalbank  (FRA:GLR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Glarner Kantonalbank Debt-to-Asset Related Terms

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Glarner Kantonalbank Business Description

Traded in Other Exchanges
Address
Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750
Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank Headlines

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