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Eureka Homestead Bancorp (Eureka Homestead Bancorp) Equity-to-Asset : 0.19 (As of Sep. 2023)


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What is Eureka Homestead Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eureka Homestead Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $19.16 Mil. Eureka Homestead Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $103.65 Mil. Therefore, Eureka Homestead Bancorp's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.19.

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

ERKH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.21   Max: 0.23
Current: 0.19

During the past 4 years, the highest Equity to Asset Ratio of Eureka Homestead Bancorp was 0.23. The lowest was 0.11. And the median was 0.21.

ERKH's Equity-to-Asset is ranked better than
92.69% of 1464 companies
in the Banks industry
Industry Median: 0.09 vs ERKH: 0.19

Eureka Homestead Bancorp Equity-to-Asset Historical Data

The historical data trend for Eureka Homestead Bancorp'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.

Eureka Homestead Bancorp Equity-to-Asset Chart

Eureka Homestead Bancorp Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
0.13 0.23 0.22 0.21

Eureka Homestead Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Sep23
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 0.21 0.21 0.20 - 0.19

Competitive Comparison of Eureka Homestead Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Eureka Homestead Bancorp'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.


Eureka Homestead Bancorp's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Eureka Homestead Bancorp's Equity-to-Asset falls into.



Eureka Homestead Bancorp 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.

Eureka Homestead Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=21.846/103.595
=0.21

Eureka Homestead Bancorp's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=19.159/103.645
=0.18

* 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.


Eureka Homestead Bancorp  (OTCPK:ERKH) 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%.


Eureka Homestead Bancorp Equity-to-Asset Related Terms

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Eureka Homestead Bancorp (Eureka Homestead Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1922 Veterans Memorial Boulevard, Metairie, LA, USA, 70005
Eureka Homestead Bancorp Inc is a United States-based company involved in taking deposits and securing borrowings and investing those funds in one-to-four-family residential real estate loans. The company also offers deposit accounts, including savings accounts, passbooks and money market, and certificates of deposit.
Executives
Brierre Creed W. Sr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Sagona Nick O. Jr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Toups Wilbur A. Jr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Haskins Cecil A. Jr. director, officer: President and CFO 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Alan T. Heintzen director, officer: Chairman and CEO 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Patrick M. Gibbs director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Robert M. Shofstahl director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005

Eureka Homestead Bancorp (Eureka Homestead Bancorp) Headlines