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Aflac (NYSE:AFL) Equity-to-Asset

: 0.19 (As of Sep. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aflac's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $24,152 Mil. Aflac's Total Assets for the quarter that ended in Sep. 2022 was $128,100 Mil. Therefore, Aflac's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.19.

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

AFL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.21
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Aflac was 0.21. The lowest was 0.07. And the median was 0.12.

AFL's Equity-to-Asset is ranked worse than
59.36% of 502 companies
in the Insurance industry
Industry Median: 0.21 vs AFL: 0.17

Aflac Equity-to-Asset Historical Data

The historical data trend for Aflac'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.

Aflac Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.19 0.20 0.21 0.17

Aflac Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.21 0.20 0.20 0.19 0.17

Competitive Comparison

For the Insurance - Life subindustry, Aflac'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.

   

Aflac Equity-to-Asset Distribution

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

* The bar in red indicates where Aflac's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.



Aflac 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.

Aflac's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=33253/157542
=0.21

Aflac's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=24152/128100
=0.19

* 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.


Aflac  (NYSE:AFL) 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%.


Aflac Equity-to-Asset Related Terms

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


Aflac (NYSE:AFL) Business Description

Aflac logo
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Virgil Raynard Miller officer: President, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin officer: Executive Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nobuchika Mori director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Georgette D. Kiser director 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
Richard Jr Williams officer: Executive V.P. 1932 WYNNTON RD, COLUMBUS GA 31999
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Katherine Rohrer director 1932 WYNNTON RD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
Max Broden officer: Senior Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Toshihiko Fukuzawa director 1932 WYNNTON RD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999

Aflac (NYSE:AFL) Headlines

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