GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Morris State Bancshares Inc (OTCPK:MBLU) » Definitions » Equity-to-Asset

MBLU (Morris State Bancshares) Equity-to-Asset : 0.13 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Morris State Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Morris State Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $190.61 Mil. Morris State Bancshares's Total Assets for the quarter that ended in Sep. 2024 was $1,435.30 Mil. Therefore, Morris State Bancshares's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.13.

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

MBLU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.11   Max: 0.9
Current: 0.13

During the past 7 years, the highest Equity to Asset Ratio of Morris State Bancshares was 0.90. The lowest was 0.10. And the median was 0.11.

MBLU's Equity-to-Asset is ranked better than
79.88% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs MBLU: 0.13

Morris State Bancshares Equity-to-Asset Historical Data

The historical data trend for Morris State Bancshares'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.

Morris State Bancshares Equity-to-Asset Chart

Morris State Bancshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.11 0.10 0.11 0.12 0.13

Morris State Bancshares 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 0.12 0.13 0.13 0.13 0.13

Competitive Comparison of Morris State Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, Morris State Bancshares'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.


Morris State Bancshares's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Morris State Bancshares's Equity-to-Asset falls into.



Morris State Bancshares 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.

Morris State Bancshares'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
=178.133/1424.906
=0.13

Morris State Bancshares'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
=190.608/1435.304
=0.13

* 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.


Morris State Bancshares  (OTCPK:MBLU) 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%.


Morris State Bancshares Equity-to-Asset Related Terms

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


Morris State Bancshares Business Description

Traded in Other Exchanges
N/A
Address
1300 Bellevue Avenue, Dublin, GA, USA, 31021
Morris State Bancshares Inc operates as a bank. It provides a variety of financial services to individuals and small businesses through its offices in middle Georgia. The Bank offers a full range of commercial and personal loan products. It makes loans to individuals for purposes such as home mortgage financing, personal vehicles and various consumer purchases, and other personal and family needs. Commercial loans are offered to businesses for purposes such as providing equipment and machinery purchases, commercial real estate purchases, and working capital. The Bank also provides a full range of deposit services that are typically available from financial institutions, including NOW accounts, demand, savings, and other time deposits.