GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LankaBangla Finance PLC (DHA:LANKABAFIN) » Definitions » Equity-to-Asset

LankaBangla Finance (DHA:LANKABAFIN) Equity-to-Asset : 0.11 (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is LankaBangla Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LankaBangla Finance's Total Stockholders Equity for the quarter that ended in Sep. 2023 was BDT10,018 Mil. LankaBangla Finance's Total Assets for the quarter that ended in Sep. 2023 was BDT93,815 Mil. Therefore, LankaBangla Finance's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.11.

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

DHA:LANKABAFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.2
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of LankaBangla Finance was 0.20. The lowest was 0.09. And the median was 0.12.

DHA:LANKABAFIN's Equity-to-Asset is ranked worse than
85.45% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs DHA:LANKABAFIN: 0.11

LankaBangla Finance Equity-to-Asset Historical Data

The historical data trend for LankaBangla Finance'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.

LankaBangla Finance Equity-to-Asset Chart

LankaBangla Finance Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.12 0.12 0.12

LankaBangla Finance Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.12 0.12 0.11 0.11 0.11

Competitive Comparison of LankaBangla Finance's Equity-to-Asset

For the Credit Services subindustry, LankaBangla Finance'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.


LankaBangla Finance's Equity-to-Asset Distribution in the Credit Services Industry

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

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



LankaBangla Finance 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.

LankaBangla Finance's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=10787.715/90765.013
=0.12

LankaBangla Finance's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=10018.111/93814.625
=0.11

* 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.


LankaBangla Finance  (DHA:LANKABAFIN) 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%.


LankaBangla Finance Equity-to-Asset Related Terms

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


LankaBangla Finance (DHA:LANKABAFIN) Business Description

Traded in Other Exchanges
N/A
Address
20, Kemal Ataturk Avenue, Safura Tower (Level 14), Banani, Dhaka, BGD, 1213
LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.

LankaBangla Finance (DHA:LANKABAFIN) Headlines

No Headlines