Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veritex Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,531.3 Mil. Veritex Holdings's Total Assets for the quarter that ended in Dec. 2023 was $12,394.3 Mil.
Therefore, Veritex Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.
The historical rank and industry rank for Veritex Holdings's Equity-to-Asset or its related term are showing as below:
VBTX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.14 Max: 0.17
Current: 0.12
During the past 13 years, the highest Equity to Asset Ratio of Veritex Holdings was 0.17. The lowest was 0.12. And the median was 0.14.
VBTX's Equity-to-Asset is ranked better than 75.32% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs VBTX: 0.12
Veritex Holdings Equity-to-Asset Historical Data
The historical data trend for Veritex Holdings'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.
For the Banks - Regional subindustry, Veritex Holdings'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.
Veritex Holdings Equity-to-Asset Distribution
For the Banks industry and Financial Services sector, Veritex Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Veritex Holdings's Equity-to-Asset falls into.
Veritex Holdings 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.
Veritex Holdings'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.
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%.
Veritex Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Veritex Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Veritex Holdings (Veritex Holdings) Business Description
Veritex Holdings Inc is engaged in the provision of commercial banking products and services to small to medium-sized businesses and professionals. The bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment. The company's primary sources of revenue are derived from interest and dividends earned on loans, debt and equity securities and other financial instruments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VBTX has been successfully added to your 