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Gouverneur Bancorp Inc  (OTCPK:GOVB) Equity-to-Asset: 0.16 (As of Jun. 2008)

Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Gouverneur Bancorp Inc's Total Equity for the quarter that ended in Jun. 2008 was $20.82 Mil. 's Total Assets for the quarter that ended in Jun. 2008 was $134.61 Mil. Therefore, Gouverneur Bancorp Inc's Equity to Asset Ratio for the quarter that ended in Jun. 2008 was 0.16.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Gouverneur Bancorp Inc Annual Data

Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.17 0.15 0.15 0.15

Gouverneur Bancorp Inc Quarterly Data

Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 0.15 0.15 0.16 0.16 0.16

Competitive Comparison
* 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.


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 shareholder's tangible equity divided by its total asset.

Gouverneur Bancorp Inc's Equity to Asset Ratio for the fiscal year that ended in Sep. 2007 is calculated as

Equity to Asset (A: Sep. 2007 )=Total Equity/Total Assets
=20.43/132.589
=0.15

Gouverneur Bancorp Inc's Equity to Asset Ratio for the quarter that ended in Jun. 2008 is calculated as

Equity to Asset (Q: Jun. 2008 )=Total Equity/Total Assets
=20.821/134.609
=0.15

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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%.


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