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Nu Holdings (Nu Holdings) Equity-to-Asset

: 0.15 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nu Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,406 Mil. Nu Holdings's Total Assets for the quarter that ended in Dec. 2023 was $43,345 Mil. Therefore, Nu Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

NU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.22
Current: 0.15

During the past 6 years, the highest Equity to Asset Ratio of Nu Holdings was 0.22. The lowest was 0.04. And the median was 0.13.

NU's Equity-to-Asset is ranked better than
86.68% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs NU: 0.15

Nu Holdings Equity-to-Asset Historical Data

The historical data trend for Nu Holdings'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.

Nu Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only 0.09 0.04 0.22 0.16 0.15

Nu Holdings Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.16 0.18 0.17 0.17 0.15

Competitive Comparison

For the Banks - Regional subindustry, Nu Holdings'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.


Nu Holdings Equity-to-Asset Distribution

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

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



Nu Holdings 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.

Nu Holdings'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
=6406.385/43345.195
=0.15

Nu Holdings'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
=6406.385/43345.195
=0.15

* 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.


Nu Holdings  (NYSE:NU) 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%.


Nu Holdings Equity-to-Asset Related Terms

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


Nu Holdings (Nu Holdings) Business Description

Address
Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.

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