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State Street (FRA:ZYA) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is State Street Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. State Street's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €21,824 Mil. State Street's Total Assets for the quarter that ended in Dec. 2023 was €272,586 Mil. Therefore, State Street's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

FRA:ZYA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.1
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of State Street was 0.10. The lowest was 0.07. And the median was 0.09.

FRA:ZYA's Equity-to-Asset is ranked worse than
96.47% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:ZYA: 0.07

State Street Equity-to-Asset Historical Data

The historical data trend for State Street'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.

State Street Equity-to-Asset Chart

State Street 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 0.10 0.08 0.09 0.08 0.08

State Street 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 0.08 0.08 0.08 0.07

Competitive Comparison of State Street's Equity-to-Asset

For the Asset Management subindustry, State Street'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.


State Street's Equity-to-Asset Distribution in the Asset Management Industry

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

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



State Street 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.

State Street'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
=21823.683/272585.586
=0.08

State Street'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
=21823.683/272585.586
=0.08

* 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.


State Street  (FRA:ZYA) 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%.


State Street Equity-to-Asset Related Terms

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


State Street (FRA:ZYA) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.

State Street (FRA:ZYA) Headlines

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