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Paragon Banking Group (LSE:PAG) Equity-to-Asset : 0.08 (As of Sep. 2023)


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What is Paragon Banking Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Paragon Banking Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1,410.6 Mil. Paragon Banking Group's Total Assets for the quarter that ended in Sep. 2023 was £18,420.2 Mil. Therefore, Paragon Banking Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.08.

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

LSE:PAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.09
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Paragon Banking Group was 0.09. The lowest was 0.07. And the median was 0.08.

LSE:PAG's Equity-to-Asset is ranked worse than
60.76% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs LSE:PAG: 0.08

Paragon Banking Group Equity-to-Asset Historical Data

The historical data trend for Paragon Banking Group'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.

Paragon Banking Group Equity-to-Asset Chart

Paragon Banking Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.09 0.08

Paragon Banking Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.08 0.08 0.09 0.08 0.08

Competitive Comparison of Paragon Banking Group's Equity-to-Asset

For the Mortgage Finance subindustry, Paragon Banking Group'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.


Paragon Banking Group's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Paragon Banking Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Paragon Banking Group's Equity-to-Asset falls into.



Paragon Banking Group 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.

Paragon Banking Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1410.6/18420.2
=0.08

Paragon Banking Group'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
=1410.6/18420.2
=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.


Paragon Banking Group  (LSE:PAG) 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%.


Paragon Banking Group Equity-to-Asset Related Terms

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Paragon Banking Group (LSE:PAG) Business Description

Traded in Other Exchanges
Address
51 Homer Road, Solihull, West Midlands, GBR, B91 3QJ
Paragon Banking Group PLC, is a specialty finance company that provides diversified banking services to clients. The company operates two core businesses: Mortgages Lending and Commercial Lending. The Mortgages Lending includes the Group's buy-to-let, and owner-occupied first and second charge lending and related activities. Commercial Lending, includes the Group's equipment and motor finance leasing activities, together with development finance, structured lending and other offerings targeted towards SME customers.