Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Popular's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,147 Mil. Popular's Total Assets for the quarter that ended in Dec. 2023 was $70,758 Mil.
Therefore, Popular's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.
The historical rank and industry rank for Popular's Equity-to-Asset or its related term are showing as below:
BPOP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.14
Current: 0.07
During the past 13 years, the highest Equity to Asset Ratio of Popular was 0.14. The lowest was 0.06. And the median was 0.11.
BPOP's Equity-to-Asset is ranked worse than 73.01% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs BPOP: 0.07
Popular Equity-to-Asset Historical Data
The historical data trend for Popular'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.
Competitive Comparison of Popular's Equity-to-Asset
For the Banks - Regional subindustry, Popular'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.
Popular's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Popular's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Popular's Equity-to-Asset falls into.
Popular 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.
Popular's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Popular (NAS:BPOP) 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%.
Popular Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Popular's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, the largest bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. Popular recently restructured PFH and moved much of its activities into BPNA.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BPOP has been successfully added to your 