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Access Hldgs (Access Hldgs) Equity-to-Asset : 0.08 (As of Mar. 2024)


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What is Access Hldgs Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Access Hldgs's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,801 Mil. Access Hldgs's Total Assets for the quarter that ended in Mar. 2024 was $21,930 Mil. Therefore, Access Hldgs's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.08.

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

ACSBL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.15
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Access Hldgs was 0.15. The lowest was 0.08. And the median was 0.09.

ACSBL's Equity-to-Asset is ranked worse than
61.23% of 1465 companies
in the Banks industry
Industry Median: 0.09 vs ACSBL: 0.08

Access Hldgs Equity-to-Asset Historical Data

The historical data trend for Access Hldgs'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.

Access Hldgs Equity-to-Asset Chart

Access Hldgs 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 0.08 0.09 0.09 0.08 0.08

Access Hldgs 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 0.09 0.09 0.08 0.08 0.08

Competitive Comparison of Access Hldgs's Equity-to-Asset

For the Banks - Regional subindustry, Access Hldgs'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.


Access Hldgs's Equity-to-Asset Distribution in the Banks Industry

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

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



Access Hldgs 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.

Access Hldgs'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
=1434.242/18140.611
=0.08

Access Hldgs'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
=1801.386/21929.774
=0.08

* 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.


Access Hldgs  (GREY:ACSBL) 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%.


Access Hldgs Equity-to-Asset Related Terms

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


Access Hldgs (Access Hldgs) Business Description

Traded in Other Exchanges
Address
Prince Alaba Abiodun, Oniru Street, 14th Floor, Plot 14/15, Access Towers, Oniru Estate, Victoria Island, Lagos, NGA
Access Bank PLC is a full-service commercial bank based in Nigeria. It serves primarily through four market segments, namely Retail Banking, Business Banking, Commercial Banking, and Corporate and Investment Banking. The Commercial Banking segment provides commercial banking products and services to the non-institutional clients, medium and small corporate segments of the Nigerian market. Corporate & investment banking provides bespoke comprehensive banking products and a full range of services to multinationals, large domestic corporations, and other institutional clients. Retail banking provides financial products and services to individuals and the private banking segment. It has three geographical segments, which include Nigeria, the Rest of Africa, and Europe.

Access Hldgs (Access Hldgs) Headlines

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