Unity Bank (NSA:UBP) Equity-to-Asset : -0.54 (As of Dec. 2022)

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What is Unity Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Unity Bank's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₦-274,948 Mil. Unity Bank's Total Assets for the quarter that ended in Dec. 2022 was ₦510,144 Mil. Therefore, Unity Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was -0.54.

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

NSA:UBP' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.01 Med: -0.55 Max: 0.19
Current: -0.54

During the past 8 years, the highest Equity to Asset Ratio of Unity Bank was 0.19. The lowest was -2.01. And the median was -0.55.

NSA:UBP's Equity-to-Asset is ranked worse than
99.8% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs NSA:UBP: -0.54

Unity Bank Equity-to-Asset Historical Data

The historical data trend for Unity 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.

Unity Bank Equity-to-Asset Chart

Unity Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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-1.35

-0.95

-0.56

-0.51

-0.54

Unity Bank Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Equity-to-Asset	Get a 7-Day Free Trial			-1.35	-0.95	-0.56	-0.51	-0.54

Competitive Comparison of Unity Bank's Equity-to-Asset

For the Banks - Regional subindustry, Unity 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.

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

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

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

Unity 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.

Unity Bank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-274948.167	/	510143.959
	=	-0.54

Unity Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-274948.167	/	510143.959
	=	-0.54

Unity Bank (NSA:UBP) 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%.

Unity Bank Equity-to-Asset Related Terms

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

Unity Bank (NSA:UBP) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA

Website

http://www.unitybankng.com

Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.