Union Bank of Nigeria (NSA:UBNP) Debt-to-Asset : 0.07 (As of Mar. 2023)

Union Bank of Nigeria Debt-to-Asset Chart

Union Bank of Nigeria Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Asset		Get a 7-Day Free Trial					0.05	0.07	0.11	0.09	0.07

Union Bank of Nigeria Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Asset	Get a 7-Day Free Trial															0.08	0.06	0.06	0.07	0.07

Competitive Comparison of Union Bank of Nigeria's Debt-to-Asset

For the Banks - Regional subindustry, Union Bank of Nigeria's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Union Bank of Nigeria's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bank of Nigeria's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Union Bank of Nigeria's Debt-to-Asset falls into.

Union Bank of Nigeria Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Union Bank of Nigeria's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Union Bank of Nigeria's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

* 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.

Union Bank of Nigeria  (NSA:UBNP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Union Bank of Nigeria Debt-to-Asset Related Terms

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Union Bank of Nigeria (NSA:UBNP) Business Description