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Republic Bank (Ghana) (XGHA:RBGH) Equity-to-Asset : 0.11 (As of Mar. 2024)


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What is Republic Bank (Ghana) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Republic Bank (Ghana)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was GHS882.7 Mil. Republic Bank (Ghana)'s Total Assets for the quarter that ended in Mar. 2024 was GHS7,881.4 Mil. Therefore, Republic Bank (Ghana)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.11.

The historical rank and industry rank for Republic Bank (Ghana)'s Equity-to-Asset or its related term are showing as below:

XGHA:RBGH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.18
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Republic Bank (Ghana) was 0.18. The lowest was 0.08. And the median was 0.17.

XGHA:RBGH's Equity-to-Asset is ranked better than
67.76% of 1464 companies
in the Banks industry
Industry Median: 0.09 vs XGHA:RBGH: 0.11

Republic Bank (Ghana) Equity-to-Asset Historical Data

The historical data trend for Republic Bank (Ghana)'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.

Republic Bank (Ghana) Equity-to-Asset Chart

Republic Bank (Ghana) 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 0.17 0.17 0.17 0.14 0.12

Republic Bank (Ghana) 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 - 0.13 0.13 0.12 0.11

Competitive Comparison of Republic Bank (Ghana)'s Equity-to-Asset

For the Banks - Regional subindustry, Republic Bank (Ghana)'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.


Republic Bank (Ghana)'s Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Republic Bank (Ghana)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Republic Bank (Ghana)'s Equity-to-Asset falls into.



Republic Bank (Ghana) 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.

Republic Bank (Ghana)'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
=834.218/6990.438
=0.12

Republic Bank (Ghana)'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
=882.731/7881.359
=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.


Republic Bank (Ghana)  (XGHA:RBGH) 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%.


Republic Bank (Ghana) Equity-to-Asset Related Terms

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


Republic Bank (Ghana) (XGHA:RBGH) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Sixth Avenue, North Ridge, P. O. Box CT 4603, Cantonments, Accra, GHA, 4603
Republic Bank (Ghana) PLC is engaged in investment banking, corporate banking, retail banking, mortgage banking, asset management services, and property management and development. Its segments are Retail or Consumer Banking, Corporate Banking, Microfinance, and Mortgage Banking where consumer banking involves private banking services, private customer current accounts, deposits, investment savings products, custody, credit, and consumer loans; mortgage banking involves mortgage services; corporate banking provides direct debit facilities, current accounts, overdrafts, loans, and foreign currency; and microfinance banking incorporates savings account, loan and other credit facilities.

Republic Bank (Ghana) (XGHA:RBGH) Headlines

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