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Allbanc Split (TSX:ABK.PR.C.PFD) Equity-to-Asset : 0.68 (As of Aug. 2017)


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What is Allbanc Split Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Allbanc Split's Total Stockholders Equity for the quarter that ended in Aug. 2017 was C$34.79 Mil. Allbanc Split's Total Assets for the quarter that ended in Aug. 2017 was C$51.44 Mil. Therefore, Allbanc Split's Equity to Asset Ratio for the quarter that ended in Aug. 2017 was 0.68.

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

TSX:ABK.PR.C.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.6   Max: 0.71
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Allbanc Split was 0.71. The lowest was 0.20. And the median was 0.60.

TSX:ABK.PR.C.PFD's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs TSX:ABK.PR.C.PFD: 0.65

Allbanc Split Equity-to-Asset Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Equity-to-Asset Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.60 0.61 0.55 0.70

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 0.60 0.55 0.65 0.70 0.68

Competitive Comparison of Allbanc Split's Equity-to-Asset

For the Asset Management subindustry, Allbanc Split'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.


Allbanc Split's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Allbanc Split 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.

Allbanc Split's Equity to Asset Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Equity to Asset (A: Feb. 2017 )=Total Stockholders Equity/Total Assets
=38.85/55.495
=0.70

Allbanc Split's Equity to Asset Ratio for the quarter that ended in Aug. 2017 is calculated as

Equity to Asset (Q: Aug. 2017 )=Total Stockholders Equity/Total Assets
=34.793/51.437
=0.68

* 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.


Allbanc Split  (TSX:ABK.PR.C.PFD) 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%.


Allbanc Split Equity-to-Asset Related Terms

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


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

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