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Broadway Financial (Broadway Financial) Equity-to-Asset : 0.23 (As of Jun. 2023)


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What is Broadway Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Broadway Financial's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $277.29 Mil. Broadway Financial's Total Assets for the quarter that ended in Jun. 2023 was $1,231.37 Mil. Therefore, Broadway Financial's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.23.

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

BYFC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.24
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Broadway Financial was 0.24. The lowest was 0.07. And the median was 0.11.

BYFC's Equity-to-Asset is ranked better than
94.75% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs BYFC: 0.23

Broadway Financial Equity-to-Asset Historical Data

The historical data trend for Broadway Financial'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.

Broadway Financial Equity-to-Asset Chart

Broadway Financial Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.10 0.13 0.24

Broadway Financial Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.23 0.24 0.24 0.23 0.23

Competitive Comparison of Broadway Financial's Equity-to-Asset

For the Banks - Regional subindustry, Broadway Financial'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.


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

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

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



Broadway Financial 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.

Broadway Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=279.482/1184.293
=0.24

Broadway Financial's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=277.289/1231.372
=0.23

* 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.


Broadway Financial  (NAS:BYFC) 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%.


Broadway Financial Equity-to-Asset Related Terms

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


Broadway Financial (Broadway Financial) Business Description

Traded in Other Exchanges
N/A
Address
4601 Wilshire Boulevard, Suite 150, Los Angeles, CA, USA, 90010
Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit.
Executives
Lashanya Demetrice Washington officer: EVP, Chief Credit Officer 10616 CHERYL TURN, WALDORF MD 20603
Brian E Argrett director, officer: President/CEO 12555 W. JEFFERSON BLVD., LOS ANGELES CA 90066
Thomas Andrew Nida officer: EVP, Market Executive 6445 LUZON AVENUE, N.Q., #517, WASHINGTON DC 20012
Brenda J Battey officer: EVP/Chief Financial Officer 4800 WILSHIRE BOULEVARD, LOS ANGELES CA 90036
Ruth Mccloud officer: EVP/COO 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Sonja Sanders Wells officer: EVP/E. Commercial Reg. Exec 540 N STREET SW, UNIT-S-103, WASHINGTON DC 20024
John Frederick Tellenbach officer: EVP, West Comm. Reg. Exec. 26838 INDIAN PEAK RD., RANCHO PALOS VERDES CA 90275
William A Longbrake director C/O WASHINGTON MUTUAL INC, 1201 THIRD AVE , WMT 1503, SEATTLE WA 98111
John Driver director 13983 ARBOLITOS DRIVE, POWAY CA 92064
City First Enterprises Inc. 10 percent owner 1 THOMAS CIRCLE NW, STE 700, WASHINGTON DC 20005
Mary Ann Donovan director 513 7TH STREET NE, WASHINGTON DC 20002
David J. Mcgrady director 1132 23RD AVENUE E., SEATTLE WA 98112
Shannan Alicia Herbert officer: EVP/Chief Credit Officer 10104 RUNNING BROOK LANE, UPPER MARLBORO MD 20772
Marie C Johns director WLR FOODS INC, P O BOX 7000, BROADWAY VA 22815
Jack T Thompson director 100 JERICHO QUADRANGLE, SUITE 100, JERICHO NY 11753