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Askari Bank (KAR:AKBL) Equity-to-Asset : 0.05 (As of Sep. 2024)


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What is Askari Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Askari Bank's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₨115,881 Mil. Askari Bank's Total Assets for the quarter that ended in Sep. 2024 was ₨2,293,534 Mil. Therefore, Askari Bank's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.05.

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

KAR:AKBL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Askari Bank was 0.06. The lowest was 0.04. And the median was 0.05.

KAR:AKBL's Equity-to-Asset is ranked worse than
90.04% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs KAR:AKBL: 0.05

Askari Bank Equity-to-Asset Historical Data

The historical data trend for Askari 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.

Askari Bank Equity-to-Asset Chart

Askari Bank 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 0.05 0.06 0.05 0.05 0.05

Askari Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.05 0.05 0.04 0.04 0.05

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

For the Banks - Regional subindustry, Askari 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.


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

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

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



Askari 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.

Askari Bank'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
=97318.963/2125773.035
=0.05

Askari 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
=115881.454/2293533.664
=0.05

* 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.


Askari Bank  (KAR:AKBL) 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%.


Askari Bank Equity-to-Asset Related Terms

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Askari Bank Business Description

Traded in Other Exchanges
N/A
Address
AWT Plaza, The Mall, P.O. Box No. 1084, Rawalpindi, PB, PAK, 46000
Askari Bank Ltd operates as a bank in Pakistan. The bank operates its business through segments namely Branch banking; Corporate banking; Treasury; Consumer banking; Islamic banking; Foreign operations; and Others. The bank generates maximum revenue from the Branch banking segment. The Branch banking segment consists of loans, deposits, and other banking services including branchless banking services to small enterprises, medium enterprises, agriculture, and individual customers. Geographically, the company derives a majority of its revenue from Pakistan.

Askari Bank Headlines

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