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Suncorp Group (STU:SU4) Equity-to-Asset : 0.12 (As of Jun. 2024)


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What is Suncorp Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Suncorp Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €8,540 Mil. Suncorp Group's Total Assets for the quarter that ended in Jun. 2024 was €68,910 Mil. Therefore, Suncorp Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.12.

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

STU:SU4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.14   Max: 0.14
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Suncorp Group was 0.14. The lowest was 0.12. And the median was 0.14.

STU:SU4's Equity-to-Asset is ranked worse than
74.43% of 485 companies
in the Insurance industry
Industry Median: 0.24 vs STU:SU4: 0.12

Suncorp Group Equity-to-Asset Historical Data

The historical data trend for Suncorp 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.

* Premium members only.

Suncorp Group Equity-to-Asset Chart

Suncorp Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.14 0.12 0.12 0.12

Suncorp Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.12 0.12 0.13 0.12

Competitive Comparison of Suncorp Group's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Suncorp 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.


Suncorp Group's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Suncorp Group's Equity-to-Asset distribution charts can be found below:

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



Suncorp 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.

Suncorp Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=8539.891/68910.086
=0.12

Suncorp Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=8539.891/68910.086
=0.12

* 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.


Suncorp Group  (STU:SU4) 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%.


Suncorp Group Equity-to-Asset Related Terms

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


Suncorp Group Business Description

Address
80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000
Suncorp provides general insurance through a number of different brands. The core businesses include personal insurance such as home and motor, and commercial insurance. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets. It sold its banking business to ANZ Bank in July 2024.

Suncorp Group Headlines

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