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Tectonic Financial (Tectonic Financial) Equity-to-Asset : 0.10 (As of Mar. 2019)


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What is Tectonic Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tectonic Financial's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $30.15 Mil. Tectonic Financial's Total Assets for the quarter that ended in Mar. 2019 was $310.58 Mil. Therefore, Tectonic Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2019 was 0.10.

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

TECTP.PFD's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Tectonic Financial Equity-to-Asset Historical Data

The historical data trend for Tectonic Financial'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.

Tectonic Financial Equity-to-Asset Chart

Tectonic Financial Annual Data
Trend
Equity-to-Asset

Tectonic Financial Semi-Annual Data
Mar18 Mar19
Equity-to-Asset - 0.10

Competitive Comparison of Tectonic Financial's Equity-to-Asset

For the Banks - Regional subindustry, Tectonic Financial'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.


Tectonic Financial's Equity-to-Asset Distribution in the Banks Industry

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

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



Tectonic Financial 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.

Tectonic Financial's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Tectonic Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Equity to Asset (Q: Mar. 2019 )=Total Stockholders Equity/Total Assets
=30.148/310.578
=0.10

* 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.


Tectonic Financial  (NAS:TECTP.PFD) 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%.


Tectonic Financial Equity-to-Asset Related Terms

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


Tectonic Financial (Tectonic Financial) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248
Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.
Executives
George L Ball director, officer: Executive Co-Chairman C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman director, 10 percent owner, officer: Chairman 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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