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Avanza Bank Holding AB (CHIX:AZAS) Equity-to-Asset : 0.02 (As of Mar. 2024)


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What is Avanza Bank Holding AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avanza Bank Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr6,400 Mil. Avanza Bank Holding AB's Total Assets for the quarter that ended in Mar. 2024 was kr309,396 Mil. Therefore, Avanza Bank Holding AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.02.

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

CHIX:AZAs' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.02

During the past 13 years, the highest Equity to Asset Ratio of Avanza Bank Holding AB was 0.02. The lowest was 0.01. And the median was 0.01.

CHIX:AZAs's Equity-to-Asset is ranked worse than
98.43% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs CHIX:AZAs: 0.02

Avanza Bank Holding AB Equity-to-Asset Historical Data

The historical data trend for Avanza Bank Holding AB'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.

Avanza Bank Holding AB Equity-to-Asset Chart

Avanza Bank Holding AB 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 0.01 0.02 0.02 0.02 0.02

Avanza Bank Holding AB 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Avanza Bank Holding AB's Equity-to-Asset

For the Banks - Regional subindustry, Avanza Bank Holding AB'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.


Avanza Bank Holding AB's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Avanza Bank Holding AB's Equity-to-Asset falls into.



Avanza Bank Holding AB 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.

Avanza Bank Holding AB'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
=5833/282453
=0.02

Avanza Bank Holding AB'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
=6400/309396
=0.02

* 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.


Avanza Bank Holding AB  (CHIX:AZAs) 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%.


Avanza Bank Holding AB Equity-to-Asset Related Terms

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Avanza Bank Holding AB (CHIX:AZAS) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

Avanza Bank Holding AB (CHIX:AZAS) Headlines

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