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Jammu & Kashmir Bank (BOM:532209) Equity-to-Asset : 0.08 (As of Mar. 2024)


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What is Jammu & Kashmir Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jammu & Kashmir Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹121,927 Mil. Jammu & Kashmir Bank's Total Assets for the quarter that ended in Mar. 2024 was ₹1,545,046 Mil. Therefore, Jammu & Kashmir Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.08.

The historical rank and industry rank for Jammu & Kashmir Bank's Equity-to-Asset or its related term are showing as below:

BOM:532209' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.08
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Jammu & Kashmir Bank was 0.08. The lowest was 0.06. And the median was 0.07.

BOM:532209's Equity-to-Asset is ranked worse than
61.26% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs BOM:532209: 0.08

Jammu & Kashmir Bank Equity-to-Asset Historical Data

The historical data trend for Jammu & Kashmir Bank'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.

Jammu & Kashmir Bank Equity-to-Asset Chart

Jammu & Kashmir Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.07 0.08

Jammu & Kashmir Bank 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 0.07 0.07 0.07 0.08 0.08

Competitive Comparison of Jammu & Kashmir Bank's Equity-to-Asset

For the Banks - Regional subindustry, Jammu & Kashmir Bank'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.


Jammu & Kashmir Bank's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Jammu & Kashmir Bank's Equity-to-Asset falls into.



Jammu & Kashmir Bank 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.

Jammu & Kashmir Bank's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=121927.2/1545045.8
=0.08

Jammu & Kashmir Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=121927.2/1545045.8
=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.


Jammu & Kashmir Bank  (BOM:532209) 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%.


Jammu & Kashmir Bank Equity-to-Asset Related Terms

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Jammu & Kashmir Bank (BOM:532209) Business Description

Traded in Other Exchanges
Address
Maulana Azad Road, Srinagar, IND, 190001
Jammu & Kashmir Bank Ltd is a bank that has businesses comprised of treasury, corporate/wholesale banking, retail banking and others. The bank's personal financial products include various loan products, personal account services, term bank deposits, mutual funds, bank cards, and insurance products. The company has Four major business segments namely Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Business. The company generates majority of its revenue from Retail Banking segment. The bank's financial products for businesses include loans, business accounts, and others.

Jammu & Kashmir Bank (BOM:532209) Headlines

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