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Canandaigua National (Canandaigua National) Equity-to-Asset : 0.08 (As of Dec. 2018)


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What is Canandaigua National Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canandaigua National's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $233.6 Mil. Canandaigua National's Total Assets for the quarter that ended in Dec. 2018 was $2,862.5 Mil. Therefore, Canandaigua National's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was 0.08.

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

CNND's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Canandaigua National Equity-to-Asset Historical Data

The historical data trend for Canandaigua National'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.

Canandaigua National Equity-to-Asset Chart

Canandaigua National Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.08

Canandaigua National Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of Canandaigua National's Equity-to-Asset

For the Banks - Regional subindustry, Canandaigua National'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.


Canandaigua National's Equity-to-Asset Distribution in the Banks Industry

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

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



Canandaigua National 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.

Canandaigua National's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=233.607/2862.493
=0.08

Canandaigua National's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=233.607/2862.493
=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.


Canandaigua National  (OTCPK:CNND) 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%.


Canandaigua National Equity-to-Asset Related Terms

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


Canandaigua National (Canandaigua National) Business Description

Traded in Other Exchanges
N/A
Address
72 South Main Street, Canandaigua, NY, USA, 14424
Canandaigua National Corp is a bank holding company. The company provides a full range of financial services such as banking, trust, investment, and insurance services to individuals, corporations, and municipalities.
Executives
Joseph L Dugan officer: Executive Vice President, other: Officer of subsidiaries 72 SOUTH MAIN STREET, CANANDAIGUA NY 14424
David R Morrow other: Officer of Subsidiary 72 S. MAIN ST., CANANDAIGUA NY 14424

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