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National Bankshares (FRA:9F2) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is National Bankshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National Bankshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €128.86 Mil. National Bankshares's Total Assets for the quarter that ended in Dec. 2023 was €1,517.97 Mil. Therefore, National Bankshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

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

FRA:9F2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.14   Max: 0.15
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of National Bankshares was 0.15. The lowest was 0.07. And the median was 0.14.

FRA:9F2's Equity-to-Asset is ranked better than
50.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs FRA:9F2: 0.09

National Bankshares Equity-to-Asset Historical Data

The historical data trend for National Bankshares'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 Bankshares Equity-to-Asset Chart

National Bankshares 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 0.13 0.11 0.07 0.09

National Bankshares 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 0.07 0.08 0.08 0.07 0.09

Competitive Comparison of National Bankshares's Equity-to-Asset

For the Banks - Regional subindustry, National Bankshares'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 Bankshares's Equity-to-Asset Distribution in the Banks Industry

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

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



National Bankshares 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 Bankshares'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
=128.859/1517.974
=0.08

National Bankshares'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
=128.859/1517.974
=0.08

* 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 Bankshares  (FRA:9F2) 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 Bankshares Equity-to-Asset Related Terms

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


National Bankshares (FRA:9F2) Business Description

Traded in Other Exchanges
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.

National Bankshares (FRA:9F2) Headlines

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