Equitable Financial's Total Assets for the quarter that ended in Jun. 2023 was $481.05 Mil.
During the past 12 months, Equitable Financial's average Total Assets Growth Rate was 7.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.80% per year.
During the past 12 years, Equitable Financial's highest 3-Year average Total Assets Growth Rate was 14.70%. The lowest was 3.00%. And the median was 10.10%.
The historical data trend for Equitable Financial's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Equitable Financial's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Equitable Financial (OTCPK:EQFN) Total Assets Explanation
Note:
The Net Income data used here is one times the annual (Jun. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Equitable Financial's Asset Turnover for the quarter that ended in Jun. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Equitable Financial Total Assets Related Terms
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Equitable Financial (Equitable Financial) Business Description
Equitable Financial Corp is a holding company. The bank is engaged in the business of attracting deposits from the public and using those funds to originate commercial loans, agricultural loans, one- to four-family residential real estate loans and Other, these all activities are conducted through its main offices which are Located in Grand Island, North Platte, Omaha and Elkhorn, Nebraska.. The Bank's primary services include accepting deposits, making loans, and investing in securities. It also provides Advisory services and wealth management.
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