GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sohar International Bank (MUS:BKSB) » Definitions » Equity-to-Asset

Sohar International Bank (MUS:BKSB) Equity-to-Asset : 0.10 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Sohar International Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sohar International Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ر.ع693.4 Mil. Sohar International Bank's Total Assets for the quarter that ended in Mar. 2024 was ر.ع6,797.6 Mil. Therefore, Sohar International Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.10.

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

MUS:BKSB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.16
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Sohar International Bank was 0.16. The lowest was 0.09. And the median was 0.13.

MUS:BKSB's Equity-to-Asset is ranked better than
59.33% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs MUS:BKSB: 0.10

Sohar International Bank Equity-to-Asset Historical Data

The historical data trend for Sohar International 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.

Sohar International Bank Equity-to-Asset Chart

Sohar International 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 0.15 0.15 0.14 0.16 0.12

Sohar International Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.14 0.15 0.12 0.12 0.10

Competitive Comparison of Sohar International Bank's Equity-to-Asset

For the Banks - Regional subindustry, Sohar International 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.


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

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

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



Sohar International 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.

Sohar International 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
=802.074/6688.72
=0.12

Sohar International Bank's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=693.368/6797.567
=0.10

* 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.


Sohar International Bank  (MUS:BKSB) 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%.


Sohar International Bank Equity-to-Asset Related Terms

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


Sohar International Bank (MUS:BKSB) Business Description

Traded in Other Exchanges
N/A
Address
Hai Al Mina, P.O. Box 44, Muscat, OMN, 114
Sohar International Bank is engaged in commercial, investment, and Islamic banking through a network of commercial and Islamic banking branches within the Sultanate of Oman. The bank has four operating segments; Retail banking Includes loans to and deposits from retail customers, credit card, and fund transfer facilities, Wholesale banking includes loans to and deposits from large and mid-sector corporates, small & medium enterprises and trade finance customers, Investments, and Treasury, The head office includes the balance sheet, income and expense related items, and Islamic banking Includes Islamic financing activities, current accounts, unrestricted investment accounts and other products and services to corporate and individual customers under Shari'a principles.

Sohar International Bank (MUS:BKSB) Headlines