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Suruga Bank (FRA:URU) Equity-to-Asset : 0.09 (As of Sep. 2024)


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What is Suruga Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Suruga Bank's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1,872.2 Mil. Suruga Bank's Total Assets for the quarter that ended in Sep. 2024 was €21,707.3 Mil. Therefore, Suruga Bank's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.09.

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

FRA:URU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.09
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Suruga Bank was 0.09. The lowest was 0.06. And the median was 0.07.

FRA:URU's Equity-to-Asset is ranked worse than
51.85% of 1570 companies
in the Banks industry
Industry Median: 0.1 vs FRA:URU: 0.09

Suruga Bank Equity-to-Asset Historical Data

The historical data trend for Suruga Bank'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.

Suruga Bank Equity-to-Asset Chart

Suruga Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.07 0.07 0.08

Suruga Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.08 0.08 - 0.09 0.09

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

For the Banks - Regional subindustry, Suruga Bank'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.


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

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

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


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Suruga Bank 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.

Suruga Bank's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1811.585/21865.654
=0.08

Suruga Bank's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1872.206/21707.272
=0.09

* 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.


Suruga Bank  (FRA:URU) 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%.


Suruga Bank Equity-to-Asset Related Terms

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


Suruga Bank Business Description

Traded in Other Exchanges
Address
23 Toriyoko-cho, Numazu, JPN
Suruga Bank Ltd. is a regional bank in the Kanto area. The company divides its operations into five core businesses: personal loans, housing loans, asset management, life support, and small- to medium-size corporate lending. Specifically, this includes deposits, loans, foreign exchange transactions, leasing, letters of credit, and credit card services. Within their loan business, Suruga caters to consumers, allowing them to access more credit to work on projects such as renovations and refurbishment in addition to traditional housing loans. The company earns the majority of its revenue from housing loans. The bank operates primarily in Shizuoka and Kanagawa.

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