Nova Banka AD (XBLB:NOVB-R-E) Equity-to-Asset: 0.13 (As of Dec. 2024)

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What is Nova Banka AD Equity-to-Asset?

Nova Banka AD XBLB:NOVB-R-E Equity-to-Asset is 0.13 as of Dec. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nova Banka AD's Total Stockholders Equity for the quarter that ended in Dec. 2024 was BAM554.9 Mil. Nova Banka AD's Total Assets for the quarter that ended in Dec. 2024 was BAM4,304.6 Mil. Therefore, Nova Banka AD's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.13.

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

XBLB:NOVB-R-E's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.1
* Ranked among companies with meaningful Equity-to-Asset only.

Nova Banka AD  (XBLB:NOVB-R-E) 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%.


Nova Banka AD Equity-to-Asset Related Terms


Nova Banka AD Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Nova Banka AD'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.

Nova Banka AD Equity-to-Asset Chart

Nova Banka AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.10 0.12 0.13

Nova Banka AD Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.10 0.10 0.12 0.12 0.13

Nova Banka AD Equity-to-Asset Competitor Comparison

For the Banks - Regional subindustry, Nova Banka AD'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.


Nova Banka AD Equity-to-Asset vs Banks Industry

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

* The bar in red indicates where Nova Banka AD's Equity-to-Asset falls into.



Nova Banka AD 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.

Nova Banka AD's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=554.924/4304.564
=0.13

Nova Banka AD's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=554.924/4304.564
=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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.13 mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Equity-to-Asset of 0.13 as of Dec. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nova Banka AD and its competitors.
Is Nova Banka AD's Equity-to-Asset too high?
Nova Banka AD's current Equity-to-Asset is 0.13. The Banks industry median Equity-to-Asset is 0.10. Nova Banka AD's value of 0.13 is 30% above this industry median.
How does Nova Banka AD's Equity-to-Asset compare to competitors?
Nova Banka AD's Equity-to-Asset of 0.13 can be compared against companies in the Banks industry. The industry median Equity-to-Asset is 0.10. Nova Banka AD's value of 0.13 is 30% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova Banka AD's current Equity-to-Asset of 0.13 is 30% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nova Banka AD and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Banka AD's current Equity-to-Asset is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Equity-to-Asset of 0.13. The current Equity-to-Asset is 0.13 and 30% above the Banks industry median of 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nova Banka AD (XBLB:NOVB-R-E), the current Equity-to-Asset is 0.13 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.