Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flushing Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $669.8 Mil. Flushing Financial's Total Assets for the quarter that ended in Dec. 2023 was $8,537.2 Mil.
Therefore, Flushing Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.
The historical rank and industry rank for Flushing Financial's Equity-to-Asset or its related term are showing as below:
FFIC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.08 Max: 0.09
Current: 0.08
During the past 13 years, the highest Equity to Asset Ratio of Flushing Financial was 0.09. The lowest was 0.08. And the median was 0.08.
FFIC's Equity-to-Asset is ranked worse than 61.15% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs FFIC: 0.08
Flushing Financial Equity-to-Asset Historical Data
The historical data trend for Flushing 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.
For the Banks - Regional subindustry, Flushing 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.
Flushing Financial Equity-to-Asset Distribution
For the Banks industry and Financial Services sector, Flushing Financial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Flushing Financial's Equity-to-Asset falls into.
Flushing 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.
Flushing 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%.
Flushing Financial Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Flushing Financial's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Flushing Financial (Flushing Financial) Business Description
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
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