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AFG (American Financial Group) Equity-to-Asset : 0.14 (As of Sep. 2024)


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What is American Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $4,708 Mil. American Financial Group's Total Assets for the quarter that ended in Sep. 2024 was $32,591 Mil. Therefore, American Financial Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.14.

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

AFG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.2
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of American Financial Group was 0.20. The lowest was 0.08. And the median was 0.09.

AFG's Equity-to-Asset is ranked worse than
71.34% of 485 companies
in the Insurance industry
Industry Median: 0.24 vs AFG: 0.14

American Financial Group Equity-to-Asset Historical Data

The historical data trend for American Financial Group'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.

American Financial Group Equity-to-Asset Chart

American Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.17 0.14 0.14

American Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.13 0.14 0.14 0.15 0.14

Competitive Comparison of American Financial Group's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, American Financial Group'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.


American Financial Group's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Financial Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where American Financial Group's Equity-to-Asset falls into.



American Financial Group 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.

American Financial Group'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
=4258/29787
=0.14

American Financial Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=4708/32591
=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.


American Financial Group  (NYSE:AFG) 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%.


American Financial Group Equity-to-Asset Related Terms

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


American Financial Group Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. The company also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. The company's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.
Executives
Amy Y Murray director 3429 ARNOLD STREET, CINCINNATI OH 45202
James E Evans director, officer: Sr. V. Pres. & Gen. Counsel 301 E FOURTH STREET, CINCINNATI OH 45202
Mark A Weiss officer: Senior VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Brian S. Hertzman other: principal financial officer 301 EAST FOURTH STREET, CINCINNATI OH 45202
Von Lehman John I director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
Michelle A Gillis officer: Sr. Vice President 301 E. FOURTH STREET, 39TH FLOOR, CINCINNATI OH 45202
William W Verity director 301 EAST FOURTH STREET, CINCINNATI OH 45202
Terry S Jacobs director 301 EAST FOURTH STREET, CINCINNATI OH 45202
John B Berding director 301 E. FOURTH ST., 27TH FLOOR, CINCINNATI OH 45202
Thompson David Lawrence Jr officer: President of Subsidiary 301 EAST FOURTH STREET, CINCINNATI OH 45202
Lindner Carl H Iii director, officer: Co-President 14TH FLOOR PROVIDENT TOWER, ONE EAST FOURTH STREET, CINCINNATI OH 45202
S Craig Lindner director, officer: Co-President ONE EAST FOURTH STREET, CINCINNATI OH 45202
Vito C Peraino officer: Sr. VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Evans N Nwankwo director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
Kenneth C Ambrecht director 250 EAST FIFTH STREET, CINCINNATI OH 45202