Abbey Mortgage Bank (NSA:ABBEYBDS) Equity-to-Asset : 0.15 (As of Dec. 2023)

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What is Abbey Mortgage Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abbey Mortgage Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₦8,570 Mil. Abbey Mortgage Bank's Total Assets for the quarter that ended in Dec. 2023 was ₦57,542 Mil. Therefore, Abbey Mortgage Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

NSA:ABBEYBDS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.32 Max: 0.52
Current: 0.15

During the past 8 years, the highest Equity to Asset Ratio of Abbey Mortgage Bank was 0.52. The lowest was 0.15. And the median was 0.32.

NSA:ABBEYBDS's Equity-to-Asset is ranked better than
86.92% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs NSA:ABBEYBDS: 0.15

Abbey Mortgage Bank Equity-to-Asset Historical Data

The historical data trend for Abbey Mortgage 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.

Abbey Mortgage Bank Equity-to-Asset Chart

Abbey Mortgage Bank Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.44

0.18

0.20

0.19

0.15

Abbey Mortgage Bank Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.44	0.18	0.20	0.19	0.15

Competitive Comparison of Abbey Mortgage Bank's Equity-to-Asset

For the Banks - Regional subindustry, Abbey Mortgage 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.

Abbey Mortgage Bank's Equity-to-Asset Distribution in the Banks Industry

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

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

Abbey Mortgage 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.

Abbey Mortgage 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
	=	8569.698	/	57542.242
	=	0.15

Abbey Mortgage Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8569.698	/	57542.242
	=	0.15

Abbey Mortgage Bank (NSA:ABBEYBDS) 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%.

Abbey Mortgage Bank Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Abbey Mortgage Bank's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA

Website

http://www.abbeymortgagebank.com

Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

Abbey Mortgage Bank (NSA:ABBEYBDS) Headlines

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