GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SALAFIN (Groupe BMCE) (CAS:SLF) » Definitions » Equity-to-Asset

SALAFIN (Groupe BMCE) (CAS:SLF) Equity-to-Asset : 0.22 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is SALAFIN (Groupe BMCE) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SALAFIN (Groupe BMCE)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was MAD862.8 Mil. SALAFIN (Groupe BMCE)'s Total Assets for the quarter that ended in Dec. 2023 was MAD3,905.3 Mil. Therefore, SALAFIN (Groupe BMCE)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.22.

The historical rank and industry rank for SALAFIN (Groupe BMCE)'s Equity-to-Asset or its related term are showing as below:

CAS:SLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.22
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of SALAFIN (Groupe BMCE) was 0.22. The lowest was 0.18. And the median was 0.21.

CAS:SLF's Equity-to-Asset is ranked worse than
65.56% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs CAS:SLF: 0.22

SALAFIN (Groupe BMCE) Equity-to-Asset Historical Data

The historical data trend for SALAFIN (Groupe BMCE)'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.

SALAFIN (Groupe BMCE) Equity-to-Asset Chart

SALAFIN (Groupe BMCE) 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 0.22 0.22 0.22 0.20 0.22

SALAFIN (Groupe BMCE) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.22 0.19 0.20 0.20 0.22

Competitive Comparison of SALAFIN (Groupe BMCE)'s Equity-to-Asset

For the Credit Services subindustry, SALAFIN (Groupe BMCE)'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.


SALAFIN (Groupe BMCE)'s Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SALAFIN (Groupe BMCE)'s Equity-to-Asset falls into.



SALAFIN (Groupe BMCE) 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.

SALAFIN (Groupe BMCE)'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
=862.768/3905.331
=0.22

SALAFIN (Groupe BMCE)'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
=862.768/3905.331
=0.22

* 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.


SALAFIN (Groupe BMCE)  (CAS:SLF) 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%.


SALAFIN (Groupe BMCE) Equity-to-Asset Related Terms

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


SALAFIN (Groupe BMCE) (CAS:SLF) Business Description

Traded in Other Exchanges
N/A
Address
Immeuble Zenith Millenium 8, Sidi Maarouf, Casablanca, MAR
SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.