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Navient (Navient) Equity-to-Asset : 0.05 (As of Mar. 2024)


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What is Navient Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Navient's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,766 Mil. Navient's Total Assets for the quarter that ended in Mar. 2024 was $59,029 Mil. Therefore, Navient's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.05.

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

NAVI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.05
Current: 0.05

During the past 12 years, the highest Equity to Asset Ratio of Navient was 0.05. The lowest was 0.02. And the median was 0.03.

NAVI's Equity-to-Asset is ranked worse than
92.41% of 540 companies
in the Credit Services industry
Industry Median: 0.365 vs NAVI: 0.05

Navient Equity-to-Asset Historical Data

The historical data trend for Navient'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.

Navient Equity-to-Asset Chart

Navient 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 0.04 0.03 0.03 0.04 0.05

Navient Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.04 0.05 0.05 0.05 0.05

Competitive Comparison of Navient's Equity-to-Asset

For the Credit Services subindustry, Navient'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.


Navient's Equity-to-Asset Distribution in the Credit Services Industry

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

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



Navient 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.

Navient'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
=2760/61375
=0.04

Navient's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2766/59029
=0.05

* 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.


Navient  (NAS:NAVI) 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%.


Navient Equity-to-Asset Related Terms

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


Navient (Navient) Business Description

Traded in Other Exchanges
Address
123 Justison Street, Wilmington, DE, USA, 19801
Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.
Executives
John M Kane officer: Chief Operating Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Mark L Heleen officer: EVP & Chief Legal Officer 12061 BLUEMONT WAY, RESTON VA 20190
Stephen M Hauber officer: SVP, Chief Risk&Compliance Off 123 S JUSTISON STREET, SUITE 300, WILMINGTON DE 19801
Newbury Investors Llc 10 percent owner 135 EAST 57TH STREET, NEW YORK NY 10022
Edward J Bramson 10 percent owner SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Gp, Llc 10 percent owner 135 EAST 57TH STREET, NEW YORK NY 10022
Stephen Welker 10 percent owner SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Lp 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Gp, Llc 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Lp 10 percent owner 135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Michael A Lawson director 123 JUSTISON STREET, WILMINGTON DE 19801
Joe Fisher officer: EVP, CFO & PAO 123 JUSTISON STREET, WILMINGTON DE 19801
Anna Escobedo Cabral director 300 CONTINENTAL DRIVE, NEWARK DE 19713
John F Remondi director, officer: Chief Executive Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Ted A Morris officer: Acting Chief Financial Officer 123 S. JUSTISON STREET, WILMINGTON DE 19801

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