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GuruFocus has detected 1 Warning Sign with Zions Bancorp $ZION.
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Zions Bancorp (NAS:ZION)
Equity-to-Asset
0.12 (As of Mar. 2017)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Zions Bancorp's total equity for the quarter that ended in Mar. 2017 was $7,730 Mil. Zions Bancorp's total assets for the quarter that ended in Mar. 2017 was $65,463 Mil. Therefore, Zions Bancorp's Equity to Asset Ratio for the quarter that ended in Mar. 2017 was 0.12.

ZION' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Max: 0.14
Current: 0.12

0.05
0.14

During the past 13 years, the highest Equity to Asset Ratio of Zions Bancorp was 0.14. The lowest was 0.05. And the median was 0.09.

ZION's Equity-to-Asset is ranked higher than
69% of the 1591 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. ZION: 0.12 )

Definition

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 shareholder’s tangible equity divided by its total asset.

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

Equity to Asset (A: Dec. 2016 )=Total Equity/Total Assets
=7634.306/63239.165
=0.12

Zions Bancorp's Equity to Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

Equity to Asset (Q: Mar. 2017 )=Total Equity/Total Assets
=7730/65463
=0.12

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Zions Bancorp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
equity2asset 0.100.120.110.130.130.110.120.130.130.12

Zions Bancorp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
equity2asset 0.130.130.130.130.130.130.130.130.120.12
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