Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fentura Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $138.70 Mil. Fentura Financial's Total Assets for the quarter that ended in Dec. 2023 was $1,738.95 Mil.
Therefore, Fentura Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.
The historical rank and industry rank for Fentura Financial's Equity-to-Asset or its related term are showing as below:
FETM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.1
Current: 0.08
During the past 13 years, the highest Equity to Asset Ratio of Fentura Financial was 0.10. The lowest was 0.07. And the median was 0.08.
FETM's Equity-to-Asset is ranked worse than 60.78% of 1466
companies
in the Banks industry
Industry Median: 0.09
vs FETM: 0.08
Fentura Financial Equity-to-Asset Historical Data
The historical data trend for Fentura Financial'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 Fentura Financial's Equity-to-Asset
For the Banks - Regional subindustry, Fentura Financial'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.
Fentura Financial's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Fentura Financial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fentura Financial's Equity-to-Asset falls into.
Fentura Financial 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.
Fentura Financial'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.
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%.
Fentura Financial Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Fentura Financial's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Fentura Financial (Fentura Financial) Business Description
Fentura Financial Inc is a bank holding company engaged in the business of financial services through its wholly-owned subsidiaries. The corporation provides banking and trust services principally to individuals, small businesses, and governmental entities through its community banking and loan processing offices. The primary deposit products include Checking, Savings, and Term certificate accounts, and the primary lending products comprise Residential mortgage, Commercial real estate, Commercial, Home equity, and Consumer loans. The corporation's sources of revenue include trust-related income, investment services income, ATM card income, debit card income, and service charges on deposit accounts.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FETM has been successfully added to your 