The historical rank and industry rank for Independent Bank Group's Equity-to-Asset or its related term are showing as below:
IBTX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.14 Max: 0.16
Current: 0.13
During the past 13 years, the highest Equity to Asset Ratio of Independent Bank Group was 0.16. The lowest was 0.11. And the median was 0.14.
IBTX's Equity-to-Asset is ranked better than 80.98% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs IBTX: 0.13
Independent Bank Group Equity-to-Asset Historical Data
The historical data trend for Independent Bank 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.
Competitive Comparison of Independent Bank Group's Equity-to-Asset
For the Banks - Regional subindustry, Independent Bank 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.
Independent Bank Group's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Independent Bank Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Independent Bank Group's Equity-to-Asset falls into.
Independent Bank 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.
Independent Bank Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Independent Bank Group (NAS:IBTX) 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%.
Independent Bank Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Independent Bank Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Independent Bank Group (Independent Bank Group) Business Description
Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The bank generates its revenue in the form of net interest income.
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