GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Foroya Banki P/F (FRA:BNW) » Definitions » Equity-to-Asset

Foroya Banki P/F (FRA:BNW) Equity-to-Asset : 0.15 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Foroya Banki P/F Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foroya Banki P/F's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €276.60 Mil. Foroya Banki P/F's Total Assets for the quarter that ended in Jun. 2024 was €1,807.71 Mil. Therefore, Foroya Banki P/F's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.15.

The historical rank and industry rank for Foroya Banki P/F's Equity-to-Asset or its related term are showing as below:

FRA:BNW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 0.22
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Foroya Banki P/F was 0.22. The lowest was 0.11. And the median was 0.13.

FRA:BNW's Equity-to-Asset is ranked better than
87.65% of 1547 companies
in the Banks industry
Industry Median: 0.1 vs FRA:BNW: 0.15

Foroya Banki P/F Equity-to-Asset Historical Data

The historical data trend for Foroya Banki P/F'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.

Foroya Banki P/F Equity-to-Asset Chart

Foroya Banki P/F 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 0.13 0.14 0.19 0.16 0.16

Foroya Banki P/F Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.15 0.15 0.16 0.15 0.15

Competitive Comparison of Foroya Banki P/F's Equity-to-Asset

For the Banks - Regional subindustry, Foroya Banki P/F'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.


Foroya Banki P/F's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Foroya Banki P/F's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Foroya Banki P/F's Equity-to-Asset falls into.



Foroya Banki P/F 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.

Foroya Banki P/F'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
=268.62/1736.761
=0.15

Foroya Banki P/F's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=276.599/1807.713
=0.15

* 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.


Foroya Banki P/F  (FRA:BNW) 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%.


Foroya Banki P/F Equity-to-Asset Related Terms

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


Foroya Banki P/F Business Description

Traded in Other Exchanges
Address
Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110
Foroya Banki P/F formerly BankNordik P/F is a banking company. It provides a range of banking products and financial services to private and corporate customers. Its business units include Banking and Non-life insurance. The Banking unit comprises of Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. It operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

Foroya Banki P/F Headlines

No Headlines