Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Industrial And Commercial Bank Of China's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $526,160 Mil. Industrial And Commercial Bank Of China's Total Assets for the quarter that ended in Dec. 2023 was $6,259,920 Mil.
Therefore, Industrial And Commercial Bank Of China's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.
The historical rank and industry rank for Industrial And Commercial Bank Of China's Equity-to-Asset or its related term are showing as below:
IDCBY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.09
Current: 0.08
During the past 13 years, the highest Equity to Asset Ratio of Industrial And Commercial Bank Of China was 0.09. The lowest was 0.07. And the median was 0.08.
IDCBY's Equity-to-Asset is ranked worse than 61.28% of 1472
companies
in the Banks industry
Industry Median: 0.09
vs IDCBY: 0.08
Industrial And Commercial Bank Of China Equity-to-Asset Historical Data
The historical data trend for Industrial And Commercial Bank Of China'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.
Industrial And Commercial Bank Of China Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Equity-to-Asset
0.09
0.09
0.09
0.09
0.08
Industrial And Commercial Bank Of China 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
0.09
0.09
0.08
0.08
0.08
Competitive Comparison
For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.
Industrial And Commercial Bank Of China Equity-to-Asset Distribution
For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Industrial And Commercial Bank Of China's Equity-to-Asset falls into.
Industrial And Commercial Bank Of China 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.
Industrial And Commercial Bank Of China's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Industrial And Commercial Bank Of China (OTCPK:IDCBY) 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%.
Industrial And Commercial Bank Of China Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.
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