AXA (AXAHY) Equity-to-Asset : 0.07 (As of Jun. 2024)

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What is AXA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AXA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $50,958 Mil. AXA's Total Assets for the quarter that ended in Jun. 2024 was $687,762 Mil. Therefore, AXA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.07.

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

AXAHY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.09
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of AXA was 0.09. The lowest was 0.07. And the median was 0.08.

AXAHY's Equity-to-Asset is ranked worse than
83.92% of 485 companies
in the Insurance industry
Industry Median: 0.24 vs AXAHY: 0.07

AXA Equity-to-Asset Historical Data

The historical data trend for AXA'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.

AXA Equity-to-Asset Chart

AXA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.09

0.07

0.08

AXA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.08	0.07

Competitive Comparison of AXA's Equity-to-Asset

For the Insurance - Diversified subindustry, AXA'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.

AXA's Equity-to-Asset Distribution in the Insurance Industry

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

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

AXA 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.

AXA'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
	=	54066.521	/	702779.716
	=	0.08

AXA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	50958.019	/	687762.11
	=	0.07

AXA (OTCPK:AXAHY) 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%.

AXA Equity-to-Asset Related Terms

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AXA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AXA SA (OTCPK:AXAHY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AXAHF:USA 1CS:Italy CSp:UK 0HAR:UK CS:France AXA:Germany AXAA:Germany AXA:Germany AXA:Germany AXAA:Germany AXA:Germany CS:Austria

Address

25, Avenue Matignon, Paris, FRA, 75008

Website

https://www.axa.com

AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups: The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a French insurer. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About five years ago, AXA started to reshape its portfolio to technical risks.