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Independence Bancshares (Independence Bancshares) Equity-to-Asset : 0.10 (As of Sep. 2017)


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What is Independence Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Independence Bancshares's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $8.73 Mil. Independence Bancshares's Total Assets for the quarter that ended in Sep. 2017 was $86.17 Mil. Therefore, Independence Bancshares's Equity to Asset Ratio for the quarter that ended in Sep. 2017 was 0.10.

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

IEBS's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Independence Bancshares Equity-to-Asset Historical Data

The historical data trend for Independence Bancshares'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.

Independence Bancshares Equity-to-Asset Chart

Independence Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.14 0.09 0.13 0.11

Independence Bancshares Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.12 0.11 0.10 0.10 0.10

Competitive Comparison of Independence Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, Independence Bancshares'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.


Independence Bancshares's Equity-to-Asset Distribution in the Banks Industry

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

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



Independence Bancshares 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.

Independence Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=9.944/90.449
=0.11

Independence Bancshares's Equity to Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Equity to Asset (Q: Sep. 2017 )=Total Stockholders Equity/Total Assets
=8.731/86.173
=0.10

* 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.


Independence Bancshares  (OTCPK:IEBS) 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%.


Independence Bancshares Equity-to-Asset Related Terms

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


Independence Bancshares (Independence Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Independence Bancshares Inc is a holding company for Independence National Bank. The company operates through four segments: Community Banking, Transaction Services, Asset Management and Parent Only. Most of its revenue is derived from the Community Banking segment. The bank is engaged in the business of banking and providing services related to banking, including accepting demand deposits and saving deposits and providing commercial, consumer and mortgage loans.
Executives
Robert B Willumstad director CITIGROUP INC/CORP LAW DEPT, 425 PARK AVE 2ND FL, NEW YORK NY 10043
Adam Gabriel Hurwich director C/O FIRST SECURITY GROUP, INC. 531 BROAD STREET CHATTANOOGA TN 37402
Keith Stock director 1819 A WEST ST ANNAPOLIS MD 21401
Russell Echlov director 500 E WASHINGTON ST, GREENVILLE SC 29601
Gordon A Baird director, officer: CHIEF EXECUTIVE OFFICER C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Mclean A A Iii director P O BOX 6429, GREENVILLE SC 296066429

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