GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Jordan (AMM:BOJX) » Definitions » Equity-to-Asset

Bank of Jordan (AMM:BOJX) Equity-to-Asset : 0.16 (As of Mar. 2024)


View and export this data going back to 1978. Start your Free Trial

What is Bank of Jordan Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bank of Jordan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD497.2 Mil. Bank of Jordan's Total Assets for the quarter that ended in Mar. 2024 was JOD3,026.5 Mil. Therefore, Bank of Jordan's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.

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

AMM:BOJX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.16   Max: 0.18
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of Bank of Jordan was 0.18. The lowest was 0.14. And the median was 0.16.

AMM:BOJX's Equity-to-Asset is ranked better than
89.62% of 1474 companies
in the Banks industry
Industry Median: 0.09 vs AMM:BOJX: 0.16

Bank of Jordan Equity-to-Asset Historical Data

The historical data trend for Bank of Jordan'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.

Bank of Jordan Equity-to-Asset Chart

Bank of Jordan 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 0.15 0.17 0.17 0.18 0.17

Bank of Jordan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.18 0.18 0.17 0.16

Competitive Comparison of Bank of Jordan's Equity-to-Asset

For the Banks - Regional subindustry, Bank of Jordan'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.


Bank of Jordan's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Jordan's Equity-to-Asset falls into.



Bank of Jordan 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.

Bank of Jordan'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
=524.035/3037.252
=0.17

Bank of Jordan's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=497.221/3026.539
=0.16

* 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.


Bank of Jordan  (AMM:BOJX) 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%.


Bank of Jordan Equity-to-Asset Related Terms

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


Bank of Jordan (AMM:BOJX) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shmeisani-Abdul Hameed Sharaf Street, P.O. Box 2140, Building No. 15, Amman, JOR, 11181
Bank of Jordan is active in the banking corporation. It is engaged in offering retail and commercial banking services to customers. The company provides savings, deposits, loans and advances, cards, and other related services. Its products and services include current accounts, savings accounts, mortgage loans, time deposits, personal loans, car loans, and overdrafts. In addition, it also offers treasury services, commercial loans, guarantees, and credit as well as commercial solutions, syndicated loans, and other credit solutions to small and medium-sized enterprises and corporate customers. The company operates in different segments such as Retail Banking (individual), Corporate Banking, Treasury, Financial Brokerage Services.

Bank of Jordan (AMM:BOJX) Headlines

No Headlines