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Mizrahi Tefahot Bank (XTAE:MZTF) Equity-to-Asset : 0.06 (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mizrahi Tefahot Bank's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₪25,814 Mil. Mizrahi Tefahot Bank's Total Assets for the quarter that ended in Jun. 2023 was ₪432,722 Mil. Therefore, Mizrahi Tefahot Bank's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.06.

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

XTAE:MZTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.06
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of Mizrahi Tefahot Bank was 0.06. The lowest was 0.05. And the median was 0.06.

XTAE:MZTF's Equity-to-Asset is ranked worse than
82.08% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs XTAE:MZTF: 0.06

Mizrahi Tefahot Bank Equity-to-Asset Historical Data

The historical data trend for Mizrahi Tefahot Bank'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.

Mizrahi Tefahot Bank Equity-to-Asset Chart

Mizrahi Tefahot Bank 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 0.06 0.05 0.05 0.06 0.06

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.05 0.06 0.06 0.06 0.06

Competitive Comparison of Mizrahi Tefahot Bank's Equity-to-Asset

For the Banks - Regional subindustry, Mizrahi Tefahot Bank'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.


Mizrahi Tefahot Bank's Equity-to-Asset Distribution in the Banks Industry

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

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



Mizrahi Tefahot Bank 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.

Mizrahi Tefahot Bank'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
=27461/448204
=0.06

Mizrahi Tefahot Bank's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=25814/432722
=0.06

* 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.


Mizrahi Tefahot Bank  (XTAE:MZTF) 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%.


Mizrahi Tefahot Bank Equity-to-Asset Related Terms

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


Mizrahi Tefahot Bank (XTAE:MZTF) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (XTAE:MZTF) Headlines

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