BSP Financial Group (ASX:BFL) Equity-to-Asset : 0.12 (As of Dec. 2023)

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What is BSP Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BSP Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,680 Mil. BSP Financial Group's Total Assets for the quarter that ended in Dec. 2023 was A$14,628 Mil. Therefore, BSP Financial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

ASX:BFL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.12 Max: 0.13
Current: 0.12

During the past 3 years, the highest Equity to Asset Ratio of BSP Financial Group was 0.13. The lowest was 0.12. And the median was 0.12.

ASX:BFL's Equity-to-Asset is ranked better than
75.32% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs ASX:BFL: 0.12

BSP Financial Group Equity-to-Asset Historical Data

The historical data trend for BSP Financial 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.

BSP Financial Group Equity-to-Asset Chart

BSP Financial Group Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.13

0.12

BSP Financial Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.13	0.11	0.12	0.11	0.12

Competitive Comparison of BSP Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, BSP Financial 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.

BSP Financial Group's Equity-to-Asset Distribution in the Banks Industry

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

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

BSP Financial 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.

BSP Financial Group'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
	=	1679.586	/	14628.399
	=	0.11

BSP Financial Group'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
	=	1679.586	/	14628.399
	=	0.11

BSP Financial Group (ASX:BFL) 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%.

BSP Financial Group Equity-to-Asset Related Terms

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

BSP Financial Group (ASX:BFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BSP Financial Group Ltd (ASX:BFL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Klinki Street, Waigani Drive, Section 34, Allotment 6 and 7, Hohola, Port Moresby, PNG, 121

Website

https://www.bsp.com.pg

BSP Financial Group Ltd is a diversified business covering banking, asset finance, life insurance, funds management, and corporate advisory services across the South Pacific and South-East Asia. The company's operating segment includes PNG Bank; Offshore Banks and Non-Bank Entities. It generates a vast majority of its revenues from the PNG Bank segment.

BSP Financial Group (ASX:BFL) Headlines

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