GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of the James Financial Group Inc (NAS:BOTJ) » Definitions » Equity-to-Asset

Bank of the James Financial Group (Bank of the James Financial Group) Equity-to-Asset : 0.06 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Bank of the James Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bank of the James Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $60.04 Mil. Bank of the James Financial Group's Total Assets for the quarter that ended in Dec. 2023 was $969.37 Mil. Therefore, Bank of the James Financial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

The historical rank and industry rank for Bank of the James Financial Group's Equity-to-Asset or its related term are showing as below:

BOTJ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: 0.09
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of Bank of the James Financial Group was 0.09. The lowest was 0.05. And the median was 0.08.

BOTJ's Equity-to-Asset is ranked worse than
82.08% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs BOTJ: 0.06

Bank of the James Financial Group Equity-to-Asset Historical Data

The historical data trend for Bank of the James Financial Group'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.

Bank of the James Financial Group Equity-to-Asset Chart

Bank of the James Financial Group 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 0.09 0.08 0.07 0.05 0.06

Bank of the James Financial Group 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 0.06 0.06 0.05 0.06 0.06

Competitive Comparison of Bank of the James Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, Bank of the James Financial Group'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.


Bank of the James Financial Group's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Bank of the James Financial Group's Equity-to-Asset falls into.



Bank of the James Financial Group 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.

Bank of the James Financial Group'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
=60.039/969.371
=0.06

Bank of the James Financial Group'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
=60.039/969.371
=0.06

* 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.


Bank of the James Financial Group  (NAS:BOTJ) 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%.


Bank of the James Financial Group Equity-to-Asset Related Terms

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


Bank of the James Financial Group (Bank of the James Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
828 Main Street, Lynchburg, VA, USA, 24504
Bank of the James Financial Group Inc is a bank holding company that provides retail and commercial banking, deposit services, lending services, mortgage brokerage services and other banking services. The company provides a range of deposit services including checking accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. It offers various types of secured and unsecured consumer loans, including personal loans, lines of credit, overdraft lines of credit, automobile loans, installment loans, demand loans, and home equity loans. It operates three business segments, community banking; mortgage banking, and investment advisory services.
Executives
Phillip C Jamerson director 828 MAIN ST, LYNCHBURG VA 24504
Bryant William C Iii director 828 MAIN ST, LYNCHBURG VA 24504
Alford John R Jr director 828 MAIN ST, LYNCHBURG VA 24504
Foster Watt R Jr director 828 MAIN ST, LYNCHBURG VA 24504
Lewis C Addison director 828 MAIN ST, LYNCHBURG VA 24504
J Todd Scruggs officer: Secretary-Treasurer PO BOX 1200, LYNCHBURG VA 24505
Umberger Harry P Jr officer: EVP - Chief Credit Officer 828 MAIN ST, LYNCHBURG VA 24504
Robert R Chapman director, officer: President PO BOX 1200, LYNCHBURG VA 24505
Dalton Aubrey Douglas Iii director 828 MAIN ST, LYNCHBURG VA 24504
Petticolas Augustus A Jr director 828 MAIN ST, LYNCHBURG VA 24504
Julie P Doyle director 828 MAIN ST, LYNCHBURG VA 24504
Pettyjohn Thomas W Jr director PO BOX 1200, LYNCHBURG VA 24505
Michael A Syrek officer: EVP - Senior Lending Officer 828 MAIN ST, LYNCHBURG VA 24504
Sorenson Eric John Jr officer: EVP 828 MAIN STREET, LYNCHBURG VA 24504
Lydia K Langley director 828 MAIN ST, LYNCHBURG VA 24504

Bank of the James Financial Group (Bank of the James Financial Group) Headlines