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Societe Tunisienne de Banque (XTUN:STB) Equity-to-Asset : 0.09 (As of Dec. 2022)


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What is Societe Tunisienne de Banque Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Societe Tunisienne de Banque's Total Stockholders Equity for the quarter that ended in Dec. 2022 was TND1,356.2 Mil. Societe Tunisienne de Banque's Total Assets for the quarter that ended in Dec. 2022 was TND14,765.0 Mil. Therefore, Societe Tunisienne de Banque's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.09.

The historical rank and industry rank for Societe Tunisienne de Banque's Equity-to-Asset or its related term are showing as below:

XTUN:STB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.1
Current: 0.09

During the past 8 years, the highest Equity to Asset Ratio of Societe Tunisienne de Banque was 0.10. The lowest was 0.05. And the median was 0.09.

XTUN:STB's Equity-to-Asset is ranked better than
50.17% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs XTUN:STB: 0.09

Societe Tunisienne de Banque Equity-to-Asset Historical Data

The historical data trend for Societe Tunisienne de Banque'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.

Societe Tunisienne de Banque Equity-to-Asset Chart

Societe Tunisienne de Banque Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.09 0.10 0.09 0.09 0.09

Societe Tunisienne de Banque Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset Get a 7-Day Free Trial 0.09 0.10 0.09 0.09 0.09

Competitive Comparison of Societe Tunisienne de Banque's Equity-to-Asset

For the Banks - Regional subindustry, Societe Tunisienne de Banque'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.


Societe Tunisienne de Banque's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Tunisienne de Banque's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Societe Tunisienne de Banque's Equity-to-Asset falls into.



Societe Tunisienne de Banque 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.

Societe Tunisienne de Banque'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
=1356.233/14765.012
=0.09

Societe Tunisienne de Banque's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1356.233/14765.012
=0.09

* 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.


Societe Tunisienne de Banque  (XTUN:STB) 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%.


Societe Tunisienne de Banque Equity-to-Asset Related Terms

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Societe Tunisienne de Banque (XTUN:STB) Business Description

Traded in Other Exchanges
N/A
Address
Rue Hedi Nouira, Tunis, TUN, 1001
Societe Tunisienne de Banque SA is engaged in providing banking services. Its activities include accepting deposits, lending money, manage cash among others.

Societe Tunisienne de Banque (XTUN:STB) Headlines