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Jackson Financial (Jackson Financial) Equity-to-Asset : 0.03 (As of Dec. 2023)


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What is Jackson Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jackson Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,170 Mil. Jackson Financial's Total Assets for the quarter that ended in Dec. 2023 was $330,255 Mil. Therefore, Jackson Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.03.

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

JXN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.03
Current: 0.03

During the past 6 years, the highest Equity to Asset Ratio of Jackson Financial was 0.03. The lowest was 0.02. And the median was 0.03.

JXN's Equity-to-Asset is ranked worse than
93.91% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs JXN: 0.03

Jackson Financial Equity-to-Asset Historical Data

The historical data trend for Jackson 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.

Jackson Financial Equity-to-Asset Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.02 0.03 0.03 0.03 0.03

Jackson Financial Quarterly Data
Dec18 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Jackson Financial's Equity-to-Asset

For the Insurance - Life subindustry, Jackson 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.


Jackson Financial's Equity-to-Asset Distribution in the Insurance Industry

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

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



Jackson 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.

Jackson 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
=10170/330255
=0.03

Jackson 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
=10170/330255
=0.03

* 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.


Jackson Financial  (NYSE:JXN) 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%.


Jackson Financial Equity-to-Asset Related Terms

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


Jackson Financial (Jackson Financial) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.
Executives
Scott Romine officer: President and CEO, JNLD 1 CORPORATE WAY, LANSING MI 48951
Don W Cummings officer: SVP, Controller and CAO C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Russell G Noles director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Christopher Raub officer: EVP and Chief Risk Officer 1 CORPORATE WAY, LANSING MI 48951
Gregory T Durant director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Plc Prudential 10 percent owner 1 ANGEL COURT, LONDON X0 EC2R 7AG
Paul Chadwick Myers officer: Vice Chair, JHLLC C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Carrie Chelko officer: EVP, GC and Secretary 1 CORPORATE WAY, LANSING MI 48951
Laura Louene Prieskorn director, officer: CEO and President C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Devkumar Dilip Ganguly officer: EVP & Chief Operating Officer C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Dan Hagan 10 percent owner PO BOX 1225, COLUMBIA MO 65205
Derek G Kirkland director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Lily Fu Claffee director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Steven A Kandarian director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Martin J Lippert director 200 PARK AVENUE, NEW YORK NY 10166