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Bogota Financial (Bogota Financial) Equity-to-Asset : 0.14 (As of Mar. 2024)


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What is Bogota Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bogota Financial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $136.45 Mil. Bogota Financial's Total Assets for the quarter that ended in Mar. 2024 was $960.86 Mil. Therefore, Bogota Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.14.

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

BSBK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.18
Current: 0.14

During the past 7 years, the highest Equity to Asset Ratio of Bogota Financial was 0.18. The lowest was 0.10. And the median was 0.15.

BSBK's Equity-to-Asset is ranked better than
84.19% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs BSBK: 0.14

Bogota Financial Equity-to-Asset Historical Data

The historical data trend for Bogota Financial'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.

Bogota Financial Equity-to-Asset Chart

Bogota Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.10 0.17 0.18 0.15 0.15

Bogota Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.15 0.15 0.15 0.14

Competitive Comparison of Bogota Financial's Equity-to-Asset

For the Banks - Regional subindustry, Bogota Financial'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.


Bogota Financial's Equity-to-Asset Distribution in the Banks Industry

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

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



Bogota Financial 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.

Bogota Financial'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
=137.173/939.324
=0.15

Bogota Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=136.447/960.863
=0.14

* 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.


Bogota Financial  (NAS:BSBK) 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%.


Bogota Financial Equity-to-Asset Related Terms

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


Bogota Financial (Bogota Financial) Business Description

Traded in Other Exchanges
N/A
Address
819 Teaneck Road, Teaneck, New Jersey, NJ, USA, 07666
Bogota Financial Corp is a New Jersey-based bank. It offers personal and business banking services such as savings, certificates of deposits, online banking, loans, and many more. The Bank generally grants residential, commercial, and consumer loans to, and accepts deposits from, customers in New Jersey.
Executives
John J. Masterson director 24 COUNTRY CLUB WAY, DEMAREST NJ 07627
Robert C. Walsh officer: Executive Vice President 819 TEANECK ROAD, TEANECK NJ 07666
Joseph Coccaro director, officer: President and CEO 819 TEANECK ROAD, TEANECK NJ 07666
William Charles Hanson director 819 TEANECK ROAD, TEANECK NJ 07666
Kevin Pace officer: Executive Vice President 819 TEANECK ROAD, TEANECK NJ 07666
Steven M. Goldberg director, other: Chairman of the Board 819 TEANECK ROAD, TEANECK NJ 07666
John G. Reiner director 819 TEANECK ROAD, TEANECK NJ 07666
Brian Kohles officer: SVP of Subsidiary 819 TEANECK ROAD, TEANECK NJ 07666
Brian Mccourt officer: EVP and CFO 819 TEANECK ROAD, TEANECK NJ 07666
Financial, Mhc Bogota 10 percent owner 819 TEANECK ROAD, TEANECK NJ 07666
Patricia Sturt officer: SVP of Subsidiary 819 TEANECK ROAD, TEANECK NJ 07666
Kathleen Pless officer: SVP- Comm Lending of Sub 819 TEANECK ROAD, TEANECK NJ 07666
Bruce H. Dexter director 819 TEANECK ROAD, TEANECK NJ 07666
Gary Gensheimer director 819 TEANECK ROAD, TEANECK NJ 07666