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SouthState (SouthState) Equity-to-Asset

: 0.12 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SouthState's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,533 Mil. SouthState's Total Assets for the quarter that ended in Dec. 2023 was $44,902 Mil. Therefore, SouthState's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

SSB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.13   Max: 0.16
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of SouthState was 0.16. The lowest was 0.12. And the median was 0.13.

SSB's Equity-to-Asset is ranked better than
74.98% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs SSB: 0.12

SouthState Equity-to-Asset Historical Data

The historical data trend for SouthState'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.15 [6] => 0.12 [7] => 0.12 [8] => 0.12 [9] => 0.12 )
SouthState Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.12 0.12 0.12 0.12

SouthState 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 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 0.12 0.12 0.12 0.12 0.12

Competitive Comparison

For the Banks - Regional subindustry, SouthState'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.


SouthState Equity-to-Asset Distribution

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

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



SouthState 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.

SouthState'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
=5533.098/44902.024
=0.12

SouthState'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
=5533.098/44902.024
=0.12

* 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.


SouthState  (NYSE:SSB) 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%.


SouthState Equity-to-Asset Related Terms

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


SouthState (SouthState) Business Description

Traded in Other Exchanges
Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Executives
Greg A Lapointe officer: President of SSB 520 GERVAIS STREET, COLUMBIA SC 29201
Page G Ruffner Jr director
Douglas Lloyd Williams officer: President, Atlanta Banking Grp 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
John C Pollok officer: Executive Vice President C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Hill Robert R Jr officer: President & CEO C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Robert R Horger director, officer: Chairman C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Renee R Brooks officer: CHIEF ADMINISTRATIVE OFFICER C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Ronald M. Cofield director 1101 FIRST STREET SOUTH, WINTER HAVEN FL 33880
Shantella E. Cooper director 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Douglas J. Hertz director 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
Ernest S Pinner director
Matthews William E V officer: Chief Financial Officer
John C Corbett director, officer: CEO 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Stephen Dean Young officer: Chief Strategy Officer 42745 U.S. HIGWAY 27, DAVENPORT FL 33837
David G Salyers director 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880