UWM Holdings (UWM Holdings) Equity-to-Asset : 0.01 (As of Mar. 2021)

View and export this data going back to 2020. Start your Free Trial

What is UWM Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. UWM Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $113 Mil. UWM Holdings's Total Assets for the quarter that ended in Mar. 2021 was $10,373 Mil. Therefore, UWM Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.01.

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

UWMC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.95 Max: 0.97
Current: 0.01

During the past 2 years, the highest Equity to Asset Ratio of UWM Holdings was 0.97. The lowest was -0.03. And the median was 0.95.

UWMC's Equity-to-Asset is not ranked
in the Banks industry.
Industry Median: 0.09 vs UWMC: 0.01

UWM Holdings Equity-to-Asset Historical Data

The historical data trend for UWM 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.

* Premium members only.

UWM Holdings Equity-to-Asset Chart

UWM Holdings Annual Data

Trend

Dec19

Dec20

Equity-to-Asset

-0.03

0.95

UWM Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Equity-to-Asset	Get a 7-Day Free Trial			0.96	0.97	0.95	0.95	0.01

Competitive Comparison of UWM Holdings's Equity-to-Asset

For the Mortgage Finance subindustry, UWM 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.

UWM Holdings's Equity-to-Asset Distribution in the Banks Industry

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

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

UWM 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.

UWM Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	405.493	/	425.566
	=

UWM Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	113.238	/	10372.626
	=	0.01

UWM Holdings (NYSE:UWMC) 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%.

UWM Holdings Equity-to-Asset Related Terms

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

UWM Holdings (UWM Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UWM Holdings Corp (NYSE:UWMC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.