GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCG) » Definitions » Equity-to-Asset

Binah Capital Group (Binah Capital Group) Equity-to-Asset : 0.08 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Binah Capital Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Binah Capital Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.10 Mil. Binah Capital Group's Total Assets for the quarter that ended in Dec. 2023 was $67.41 Mil. Therefore, Binah Capital Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

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

During the past 4 years, the highest Equity to Asset Ratio of Binah Capital Group was 0.08. The lowest was 0.07. And the median was 0.08.

BCG's Equity-to-Asset is ranked worse than
96.11% of 1724 companies
in the Asset Management industry
Industry Median: 0.83 vs BCG: 0.08

Binah Capital Group Equity-to-Asset Historical Data

The historical data trend for Binah Capital 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.

Binah Capital Group Equity-to-Asset Chart

Binah Capital Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.08 0.08 0.07 0.08

Binah Capital Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.11 0.07 0.09 0.09 0.08

Competitive Comparison of Binah Capital Group's Equity-to-Asset

For the Asset Management subindustry, Binah Capital 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.


Binah Capital Group's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Binah Capital 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.

Binah Capital 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
=5.104/67.41
=0.08

Binah Capital Group'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
=5.104/67.41
=0.08

* 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.


Binah Capital Group  (NAS:BCG) 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%.


Binah Capital Group Equity-to-Asset Related Terms

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


Binah Capital Group (Binah Capital Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
One Cowboys Way, Suite 490, Frisco, TX, USA, 75034
Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines