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Poage Bankshares (Poage Bankshares) Equity-to-Asset : 0.14 (As of Sep. 2018)


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What is Poage Bankshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Poage Bankshares's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $61.22 Mil. Poage Bankshares's Total Assets for the quarter that ended in Sep. 2018 was $440.73 Mil. Therefore, Poage Bankshares's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.14.

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

PBSK's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Poage Bankshares Equity-to-Asset Historical Data

The historical data trend for Poage Bankshares'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.

Poage Bankshares Equity-to-Asset Chart

Poage Bankshares Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.20 0.16 0.16 0.15 0.14

Poage Bankshares Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.14 0.14 0.14 0.14 0.14

Competitive Comparison of Poage Bankshares's Equity-to-Asset

For the Banks - Regional subindustry, Poage Bankshares'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.


Poage Bankshares's Equity-to-Asset Distribution in the Banks Industry

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

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



Poage Bankshares 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.

Poage Bankshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=61.715/446.88
=0.14

Poage Bankshares's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=61.218/440.728
=0.14

* 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.


Poage Bankshares  (NAS:PBSK) 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%.


Poage Bankshares Equity-to-Asset Related Terms

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


Poage Bankshares (Poage Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
Poage Bankshares Inc is a holding company for Town square bank. The bank is involved in the business of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits together with funds generated from operations and borrowings, in family mortgage loans, commercial and multi-family real estate loans, industrial loans, consumer loans and other types of loans. It also purchases investment securities issued by United States Government agencies and government-sponsored enterprises and also obligations of state and political subdivisions. The bank provides financial services to the clients located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky.
Executives
Thomas Burnette director 1500 CARTER AVENUE, ASHLAND KY 41101
Coffman Ralph E Jr director, officer: President and CEO

Poage Bankshares (Poage Bankshares) Headlines