EQFN (Equitable Financial) Total Assets: $481.05 Mil (As of Jun. 2023)


EQFN Equitable Financial Corp EQFN
16 GF Score
Price $18.00
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What is Equitable Financial Total Assets?

Equitable Financial EQFN +0.90% 16 Total Assets is $481.05 Mil as of Jun. 2023. GuruFocus rates EQFN with a GF Score™ of 16/100.

Equitable Financial's Total Assets for the quarter that ended in Jun. 2023 was $481.05 Mil.

Total Assets is connected with ROA %. Equitable Financial's annualized ROA % for the quarter that ended in Jun. 2023 was 0.77%. Total Assets is also linked to Revenue through Asset Turnover. Equitable Financial's Asset Turnover for the quarter that ended in Jun. 2023 was 0.04.

Equitable Financial  (OTCPK:EQFN) Total Assets Explanation

Total Assets is connected with ROA %.

Equitable Financial's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=3.588/( (454.828+481.049)/ 2 )
=3.588/467.9385
=0.77 %

Note: The Net Income data used here is one times the annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Equitable Financial's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=19.901/( (454.828+481.049)/ 2 )
=19.901/467.9385
=0.04

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Equitable Financial Total Assets Related Terms

Equitable Financial Total Assets Historical Data

* Premium members only.

The historical data trend for Equitable Financial's Total Assets 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.

Equitable Financial Total Assets Chart

Equitable Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 330.23 394.39 422.58 454.83 481.05

Equitable Financial Semi-Annual Data
Jun06 Jun07 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 330.23 394.39 422.58 454.83 481.05
EQFN
16GF Score
Equitable Financial Corp EQFN
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Equitable Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Equitable Financial's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=46.464+434.585
=481.05

Equitable Financial's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=46.464+434.585
=481.05

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $481.05 Mil mean?
Equitable Financial (EQFN) has a Total Assets of $481.05 Mil as of Jun. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Equitable Financial and its competitors.
Is Equitable Financial's Total Assets too high?
Equitable Financial's current Total Assets is $481.05 Mil. Overall, Equitable Financial has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Equitable Financial's Total Assets compare to TBBC and NUBC?
Equitable Financial's Total Assets of $481.05 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Equitable Financial and its competitors. Equitable Financial's current Total Assets is $481.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitable Financial stock overvalued right now?
Equitable Financial (EQFN) has a current Total Assets of $481.05 Mil. The current Total Assets is $481.05 Mil. Equitable Financial's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Equitable Financial (EQFN), the current Total Assets is $481.05 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Equitable Financial Business Description

Address 113 North Locust Street, Grand Island, NE, USA, 68801
Equitable Financial Corp is a holding company. The bank is engaged in the business of attracting deposits from the public and using those funds to originate commercial loans, agricultural loans, one- to four-family residential real estate loans and Other, these all activities are conducted through its main offices which are Located in Grand Island, North Platte, Omaha and Elkhorn, Nebraska. The Bank's primary services include accepting deposits, making loans, and investing in securities. It also provides Advisory services and wealth management.
16GF Score

Get the complete analysis for EQFN

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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