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Diamond Trust Bank (NAI:DTK) Equity-to-Asset : 0.13 (As of Mar. 2024)


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What is Diamond Trust Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Diamond Trust Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KES71,884 Mil. Diamond Trust Bank's Total Assets for the quarter that ended in Mar. 2024 was KES571,888 Mil. Therefore, Diamond Trust Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.13.

The historical rank and industry rank for Diamond Trust Bank's Equity-to-Asset or its related term are showing as below:

NAI:DTK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.16
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Diamond Trust Bank was 0.16. The lowest was 0.12. And the median was 0.14.

NAI:DTK's Equity-to-Asset is ranked better than
80.63% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs NAI:DTK: 0.13

Diamond Trust Bank Equity-to-Asset Historical Data

The historical data trend for Diamond Trust Bank's Equity-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.

Diamond Trust Bank Equity-to-Asset Chart

Diamond Trust Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.15 0.15 0.13 0.12

Diamond Trust Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-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 0.13 0.13 0.12 0.12 0.13

Competitive Comparison of Diamond Trust Bank's Equity-to-Asset

For the Banks - Regional subindustry, Diamond Trust Bank's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Diamond Trust Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Diamond Trust Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Diamond Trust Bank's Equity-to-Asset falls into.



Diamond Trust Bank Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Diamond Trust Bank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=74888.755/635040.842
=0.12

Diamond Trust Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=71884.231/571887.543
=0.13

* 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.


Diamond Trust Bank  (NAI:DTK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Diamond Trust Bank Equity-to-Asset Related Terms

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Diamond Trust Bank (NAI:DTK) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road, DTB Centre, P.O. Box 61711, Nairobi, KEN, 00200
Diamond Trust Bank Ltd is a regional bank that provides banking, insurance agency, and other related services to the general public. It provides various banking services which include corporate, retail, and commercial banking services. The company focuses on the small and medium-sized enterprises sector. It has four business segments, namely Diamond Trust Bank Tanzania Limited, Diamond Trust Bank Uganda Limited, Diamond Trust Bank Burundi S.A, and Kenya. The Trust's majority of revenue is generated from its home country, Kenya. Diamond has over 100 branches spread across Kenya, Tanzania, Uganda, and Burundi.

Diamond Trust Bank (NAI:DTK) Headlines

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