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Ames National (Ames National) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Ames National Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ames National's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $165.79 Mil. Ames National's Total Assets for the quarter that ended in Dec. 2023 was $2,155.48 Mil. Therefore, Ames National's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

ATLO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.12
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Ames National was 0.12. The lowest was 0.07. And the median was 0.11.

ATLO's Equity-to-Asset is ranked worse than
61.05% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs ATLO: 0.08

Ames National Equity-to-Asset Historical Data

The historical data trend for Ames National'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.

Ames National Equity-to-Asset Chart

Ames National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.10 0.07 0.08

Ames National 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 Get a 7-Day Free Trial 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 0.07 0.07 0.07 0.08 0.08

Competitive Comparison of Ames National's Equity-to-Asset

For the Banks - Regional subindustry, Ames National'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.


Ames National's Equity-to-Asset Distribution in the Banks Industry

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

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



Ames National 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.

Ames National'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
=165.788/2155.481
=0.08

Ames National'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
=165.788/2155.481
=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.


Ames National  (NAS:ATLO) 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%.


Ames National Equity-to-Asset Related Terms

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


Ames National (Ames National) Business Description

Traded in Other Exchanges
N/A
Address
405 5th Street, Box 846, Ames, IA, USA, 50010
Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted primarily in central, north central, and south-central Iowa.
Executives
Michelle R Cassabaum director PO BOX 846, AMES IA 50010
Jeffrey K Putzier other: President of Subsidiary Bank POST OFFICE BOX 846, AMES IA 50010
John Patrick Nelson officer: Vice President POST OFFICE BOX 846, AMES IA 50010
Scott T Bauer other: Ex VP of Subsidiary bank PO BOX 846, AMES IA 50010
Patrick G Hagan director PO BOX 846, AMES IA 50010
Kevin L Swartz director PO BOX 846, AMES IA 50010
Betty A Baudler director PO BOX 846, AMES IA 50010
Larson James R Ii director 3321 RIDGETOP RD, AMES IA 50014
Adam Snodgrass other: President of subsidiary bank PO BOX 846, AMES IA 50010
John L Pierschbacher officer: Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Robert A Thomas other: President of subsidiary bank PO BOX 846, AMES IA 50010
Lisa M Eslinger director PO BOX 846, AMES IA 50014
Jeffery C Baker director PO BOX 846, AMES IA 50010
David W. Benson director PO BOX 846, AMES IA 50010
Dan E Johnson other: President of subsidiary bank PO BOX 846, AMES IA 50010