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Alerus Financial (Alerus Financial) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Alerus Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alerus Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $369.1 Mil. Alerus Financial's Total Assets for the quarter that ended in Dec. 2023 was $3,907.7 Mil. Therefore, Alerus Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

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

ALRS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.12
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Alerus Financial was 0.12. The lowest was 0.08. And the median was 0.10.

ALRS's Equity-to-Asset is ranked better than
50.34% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs ALRS: 0.09

Alerus Financial Equity-to-Asset Historical Data

The historical data trend for Alerus Financial'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.

Alerus Financial Equity-to-Asset Chart

Alerus Financial 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 0.11 0.09 0.09

Alerus Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Alerus Financial's Equity-to-Asset

For the Banks - Regional subindustry, Alerus Financial'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.


Alerus Financial's Equity-to-Asset Distribution in the Banks Industry

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

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



Alerus Financial 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.

Alerus Financial'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
=369.127/3907.713
=0.09

Alerus Financial'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
=369.127/3907.713
=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.


Alerus Financial  (NAS:ALRS) 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%.


Alerus Financial Equity-to-Asset Related Terms

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


Alerus Financial (Alerus Financial) Business Description

Traded in Other Exchanges
Address
401 Demers Avenue, Grand Forks, ND, USA, 58201
Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
Executives
Kari Koob officer: Director of Accounting 401 DEMERS AVENUE, GRAND FORKS ND 58201
Alan Villalon officer: Chief Financial Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Katie A Lorenson officer: Executive Vice President/ CFO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jerrod Hanson officer: Chief Accounting Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jon Hendry officer: Chief Technology Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Missy Keney officer: Chief Engagement Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jim Collins officer: EVP, CBO & CRO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jill Schurtz director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Mary Zimmer director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ryan Goldberg officer: Chief Revenue Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Karen Bohn director 215 S CASCADE ST, FERGUS FALLS MN 565372801
Kris Compton officer: Executive Vice President/ CSO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ann Mcconn officer: Executive Vice President/ CBO 401 DEMERS AVENUE, GRAND FORKS ND 58201