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JPMorgan Chase (JPMorgan Chase) Equity-to-Asset

: 0.09 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JPMorgan Chase's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $327,878 Mil. JPMorgan Chase's Total Assets for the quarter that ended in Dec. 2023 was $3,875,393 Mil. Therefore, JPMorgan Chase's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for JPMorgan Chase's Equity-to-Asset or its related term are showing as below:

JPM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.11
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of JPMorgan Chase was 0.11. The lowest was 0.08. And the median was 0.09.

JPM's Equity-to-Asset is ranked worse than
61.25% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs JPM: 0.08

JPMorgan Chase Equity-to-Asset Historical Data

The historical data trend for JPMorgan Chase'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.

JPMorgan Chase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.08 0.08 0.08 0.09

JPMorgan Chase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.09 0.08

Competitive Comparison

For the Banks - Diversified subindustry, JPMorgan Chase'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.


JPMorgan Chase Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, JPMorgan Chase's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's Equity-to-Asset falls into.



JPMorgan Chase 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.

JPMorgan Chase's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=327878/3875393
=0.08

JPMorgan Chase's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=327878/3875393
=0.08

* 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.


JPMorgan Chase  (NYSE:JPM) 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%.


JPMorgan Chase Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of JPMorgan Chase's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan Chase (JPMorgan Chase) Business Description

Address
383 Madison Avenue, New York, NY, USA, 10179
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Executives
Mary E. Erdoes officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Jennifer Piepszak officer: Chief Financial Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Peter Scher officer: Executive Vice President JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Ashley Bacon officer: Chief Risk Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Douglas B Petno officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Marianne Lake officer: Chief Financial Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Stacey Friedman officer: General Counsel JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Lori A Beer officer: Chief Information Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Daniel E Pinto officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alicia S Boler-davis director 300 RENAISSANCE CENTER, M/C: 482-C23-D24, DETROIT MI 48265-3000
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Robin Leopold officer: Head of Human Resources JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alex Gorsky director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Jeremy Barnum officer: Chief Financial Officer 383 MADISON AVENUE, NEW YORK NY 10179-0001
Elena A Korablina officer: Corporate Controller 383 MADISON AVENUE, NEW YORK NY 10179-0001