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FCMB Group (NSA:FCMB) Equity-to-Asset : 0.10 (As of Mar. 2024)


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What is FCMB Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FCMB Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₦494,611 Mil. FCMB Group's Total Assets for the quarter that ended in Mar. 2024 was ₦5,227,059 Mil. Therefore, FCMB Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.10.

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

NSA:FCMB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.16
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of FCMB Group was 0.16. The lowest was 0.09. And the median was 0.13.

NSA:FCMB's Equity-to-Asset is ranked better than
59.33% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs NSA:FCMB: 0.10

FCMB Group Equity-to-Asset Historical Data

The historical data trend for FCMB 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.

FCMB Group Equity-to-Asset Chart

FCMB 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 0.12 0.11 0.10 0.09 0.10

FCMB 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 0.10 0.09 0.10 0.10 0.10

Competitive Comparison of FCMB Group's Equity-to-Asset

For the Banks - Regional subindustry, FCMB 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.


FCMB Group's Equity-to-Asset Distribution in the Banks Industry

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

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



FCMB 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.

FCMB 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
=460952.661/4423894.628
=0.10

FCMB Group'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
=494611.132/5227058.658
=0.09

* 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.


FCMB Group  (NSA:FCMB) 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%.


FCMB Group Equity-to-Asset Related Terms

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


FCMB Group (NSA:FCMB) Business Description

Traded in Other Exchanges
N/A
Address
44 Marina, First City Plaza, Lagos, NGA
FCMB Group PLC provides banking products and services in Nigeria. Its business is divided into eight segments including Investment Banking, SME (Small and Medium Enterprises) Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, Treasury and Financial Markets, and Asset Management. The bank generates the majority of its revenue from the personal banking segment that offers private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. It has geographic operations in Nigeria and Europe.

FCMB Group (NSA:FCMB) Headlines

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