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Standard Bank Group (Standard Bank Group) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Standard Bank Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Standard Bank Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,987 Mil. Standard Bank Group's Total Assets for the quarter that ended in Dec. 2023 was $164,535 Mil. Therefore, Standard Bank Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

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

SGBLY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.08   Max: 0.09
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Standard Bank Group was 0.09. The lowest was 0.08. And the median was 0.08.

SGBLY's Equity-to-Asset is ranked better than
50.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs SGBLY: 0.09

Standard Bank Group Equity-to-Asset Historical Data

The historical data trend for Standard Bank Group'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.

Standard Bank Group Equity-to-Asset Chart

Standard Bank Group 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 0.08 0.08 0.08 0.08 0.09

Standard Bank Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.08 0.08 0.08 0.08 0.09

Competitive Comparison of Standard Bank Group's Equity-to-Asset

For the Banks - Regional subindustry, Standard Bank Group'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.


Standard Bank Group's Equity-to-Asset Distribution in the Banks Industry

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

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



Standard Bank Group 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.

Standard Bank Group'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
=13986.733/164534.853
=0.09

Standard Bank Group'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
=13986.733/164534.853
=0.09

* 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.


Standard Bank Group  (OTCPK:SGBLY) 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%.


Standard Bank Group Equity-to-Asset Related Terms

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


Standard Bank Group (Standard Bank Group) Business Description

Address
550 Denman Street, Suite 200, Vancouver, BC, CAN
Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

Standard Bank Group (Standard Bank Group) Headlines