Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ohio Valley Banc's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $144.01 Mil. Ohio Valley Banc's Total Assets for the quarter that ended in Dec. 2023 was $1,352.14 Mil.
Therefore, Ohio Valley Banc's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.
The historical rank and industry rank for Ohio Valley Banc's Equity-to-Asset or its related term are showing as below:
OVBC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.11 Max: 0.13
Current: 0.11
During the past 13 years, the highest Equity to Asset Ratio of Ohio Valley Banc was 0.13. The lowest was 0.11. And the median was 0.11.
OVBC's Equity-to-Asset is ranked better than 68.37% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs OVBC: 0.11
Ohio Valley Banc Equity-to-Asset Historical Data
The historical data trend for Ohio Valley Banc'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 Ohio Valley Banc's Equity-to-Asset
For the Banks - Regional subindustry, Ohio Valley Banc'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.
Ohio Valley Banc's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Ohio Valley Banc's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ohio Valley Banc's Equity-to-Asset falls into.
Ohio Valley Banc 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.
Ohio Valley Banc'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.
Ohio Valley Banc (NAS:OVBC) 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%.
Ohio Valley Banc Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Ohio Valley Banc's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Ohio Valley Banc (Ohio Valley Banc) Business Description
Ohio Valley Banc Corporation is a financial holding company. The bank is a full-service financial institution offering a blend of commercial and consumer banking services within Southeastern Ohio as well as western West Virginia. The banking services offered by the bank include the acceptance of deposits in checking, savings, time and money market accounts; the making and servicing of personal, commercial, and student loans; and the making of construction and real estate loans. It also offers individual retirement accounts, safe deposit boxes, wire transfers and other standard banking products and services. The bank segmented its operating activities into two reportable segments, Banking and Consumer Finance. The majority of its total revenue is derived from the Banking segment.
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