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Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Equity to Asset Ratio
0.06 (As of Mar. 2014)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Australia and New Zealand Banking Group Ltd's total equity for the quarter that ended in Mar. 2014 was $43,775 Mil. Australia and New Zealand Banking Group Ltd's total assets for the quarter that ended in Mar. 2014 was $687,619 Mil. Therefore, Australia and New Zealand Banking Group Ltd's Equity to Asset Ratio for the quarter that ended in Mar. 2014 was 0.06.

ANZBY' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.07
Current: 0.07

0.05
0.07

During the past 13 years, the highest Equity to Asset Ratio of Australia and New Zealand Banking Group Ltd was 0.07. The lowest was 0.05. And the median was 0.06.

ANZBY's Equity to Assetis ranked higher than
55% of the 1605 Companies
in the Global Banks - Regional - Australia industry.

( Industry Median: 0.09 vs. ANZBY: 0.07 )

Definition

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 shareholder’s tangible equity divided by its total asset.

Australia and New Zealand Banking Group Ltd's Equity to Asset Ratio for the fiscal year that ended in Sep. 2013 is calculated as

Equity to Asset (A: Sep. 2013 )=Total Equity/Total Assets
=43383.8095238/669515.238095
=0.06

Australia and New Zealand Banking Group Ltd's Equity to Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

Equity to Asset (Q: Mar. 2014 )=Total Equity/Total Assets
=43775.3960857/687618.825722
=0.06

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Australia and New Zealand Banking Group Ltd Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
equity2asset 0.070.070.060.060.060.070.060.060.060.07

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
equity2asset 0.070.060.060.070.060.070.060.060.070.06
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