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Virginia National Bankshares (Virginia National Bankshares) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Virginia National Bankshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virginia National Bankshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $153.04 Mil. Virginia National Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $1,646.02 Mil. Therefore, Virginia National Bankshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

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

VABK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.11
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Virginia National Bankshares was 0.11. The lowest was 0.08. And the median was 0.10.

VABK's Equity-to-Asset is ranked better than
50.17% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs VABK: 0.09

Virginia National Bankshares Equity-to-Asset Historical Data

The historical data trend for Virginia National Bankshares'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.

Virginia National Bankshares Equity-to-Asset Chart

Virginia National Bankshares 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 0.11 0.10 0.08 0.08 0.09

Virginia National Bankshares 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 0.09 0.09 0.09

Competitive Comparison of Virginia National Bankshares's Equity-to-Asset

For the Banks - Regional subindustry, Virginia National Bankshares'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.


Virginia National Bankshares's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Virginia National Bankshares's Equity-to-Asset falls into.



Virginia National Bankshares 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.

Virginia National Bankshares'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
=153.04/1646.017
=0.09

Virginia National Bankshares'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
=153.04/1646.017
=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.


Virginia National Bankshares  (NAS:VABK) 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%.


Virginia National Bankshares Equity-to-Asset Related Terms

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


Virginia National Bankshares (Virginia National Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902

Virginia National Bankshares (Virginia National Bankshares) Headlines