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Quaint Oak Bancorp (Quaint Oak Bancorp) Equity-to-Asset

: 0.06 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quaint Oak Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $48.49 Mil. Quaint Oak Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $754.12 Mil. Therefore, Quaint Oak Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

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

QNTO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.11
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of Quaint Oak Bancorp was 0.11. The lowest was 0.06. And the median was 0.09.

QNTO's Equity-to-Asset is ranked worse than
82.4% of 1472 companies
in the Banks industry
Industry Median: 0.09 vs QNTO: 0.06

Quaint Oak Bancorp Equity-to-Asset Historical Data

The historical data trend for Quaint Oak Bancorp'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.

Quaint Oak Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.06 0.06 0.06 0.06

Quaint Oak Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.06

Competitive Comparison

For the Banks - Regional subindustry, Quaint Oak Bancorp'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.


Quaint Oak Bancorp Equity-to-Asset Distribution

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

* The bar in red indicates where Quaint Oak Bancorp's Equity-to-Asset falls into.



Quaint Oak Bancorp 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.

Quaint Oak Bancorp'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
=48.491/754.118
=0.06

Quaint Oak Bancorp'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
=48.491/754.118
=0.06

* 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.


Quaint Oak Bancorp  (OTCPK:QNTO) 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%.


Quaint Oak Bancorp Equity-to-Asset Related Terms

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


Quaint Oak Bancorp (Quaint Oak Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
501 Knowles Avenue, Southampton, PA, USA, 18966
Quaint Oak Bancorp Inc is a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Quaint Oak Bancorp Inc, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank has many subsidiary companies these subsidiary companies conduct business from numerous locations within the Bank's market area. The Bank holds a majority equity position in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Executives
James J Clarke director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Susan M. Vettori director QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Dipiero Andrew E Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
John J Augustine director, officer: Chief Financial Officer QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Diane J Colyer officer: SVP and Corporate Secretary QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
William R Gonzalez officer: Senior Vice President* QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert T Strong director, officer: President and CEO QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Aimee K Ott officer: Vice President* 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert Farrer officer: VP Risk and Compliance* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert J Phillips director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Kenneth R Gant director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Marsh B Spink director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Ager George M Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Curt T Schulmeister officer: Chief Lending Officer* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966

Quaint Oak Bancorp (Quaint Oak Bancorp) Headlines