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National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Equity-to-Asset : 0.14 (As of Dec. 2023)


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What is National Bank of Ras Al-Khaimah PSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National Bank of Ras Al-Khaimah PSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ10,327 Mil. National Bank of Ras Al-Khaimah PSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ73,955 Mil. Therefore, National Bank of Ras Al-Khaimah PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

The historical rank and industry rank for National Bank of Ras Al-Khaimah PSC's Equity-to-Asset or its related term are showing as below:

ADX:RAKBANK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.15   Max: 0.21
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of National Bank of Ras Al-Khaimah PSC was 0.21. The lowest was 0.14. And the median was 0.15.

ADX:RAKBANK's Equity-to-Asset is ranked better than
84.12% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs ADX:RAKBANK: 0.14

National Bank of Ras Al-Khaimah PSC Equity-to-Asset Historical Data

The historical data trend for National Bank of Ras Al-Khaimah PSC'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.

National Bank of Ras Al-Khaimah PSC Equity-to-Asset Chart

National Bank of Ras Al-Khaimah PSC 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 0.14 0.15 0.15 0.14 0.14

National Bank of Ras Al-Khaimah PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.14 0.13 0.14 0.14

Competitive Comparison of National Bank of Ras Al-Khaimah PSC's Equity-to-Asset

For the Banks - Regional subindustry, National Bank of Ras Al-Khaimah PSC'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.


National Bank of Ras Al-Khaimah PSC's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Ras Al-Khaimah PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where National Bank of Ras Al-Khaimah PSC's Equity-to-Asset falls into.



National Bank of Ras Al-Khaimah PSC 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.

National Bank of Ras Al-Khaimah PSC'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
=10327.071/73954.634
=0.14

National Bank of Ras Al-Khaimah PSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10327.071/73954.634
=0.14

* 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.


National Bank of Ras Al-Khaimah PSC  (ADX:RAKBANK) 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%.


National Bank of Ras Al-Khaimah PSC Equity-to-Asset Related Terms

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


National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Business Description

Traded in Other Exchanges
N/A
Address
Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, The National Bank of Ras Al Khaimah Building, Ras Al-Khaimah, ARE
National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Personal Banking, Wholesale Banking, Business Banking, Treasury and Insurance. It generates maximum revenue from the Retail banking segment. The company offers current, savings, call, and fixed deposit accounts, debit cards, credit cards, personal loans, and home loans among other services.

National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Headlines

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