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Gouverneur Bancorp Inc (OTCPK:GOVB)
Equity-to-Asset
0.16 (As of Jun. 2008)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Gouverneur Bancorp Inc's total equity for the quarter that ended in Jun. 2008 was \$20.82 Mil. Gouverneur Bancorp Inc's total assets for the quarter that ended in Jun. 2008 was \$134.61 Mil. Therefore, Gouverneur Bancorp Inc's Equity to Asset Ratio for the quarter that ended in Jun. 2008 was 0.16.

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.

Gouverneur Bancorp Inc's Equity to Asset Ratio for the fiscal year that ended in Sep. 2007 is calculated as

 Equity to Asset (A: Sep. 2007 ) = Total Equity / Total Assets = 20.43 / 132.589 = 0.15

Gouverneur Bancorp Inc's Equity to Asset Ratio for the quarter that ended in Jun. 2008 is calculated as

 Equity to Asset (Q: Jun. 2008 ) = Total Equity / Total Assets = 20.821 / 134.609 = 0.15

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gouverneur Bancorp Inc Annual Data

 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 equity2asset 0.19 0.23 0.21 0.20 0.20 0.20 0.17 0.15 0.15 0.15

Gouverneur Bancorp Inc Quarterly Data

 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 equity2asset 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.16 0.16 0.16
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