DFCC Bank (COL:DFCC.N0000) Equity-to-Asset : 0.11 (As of Dec. 2023)

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What is DFCC Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DFCC Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු71,984 Mil. DFCC Bank's Total Assets for the quarter that ended in Dec. 2023 was රු645,068 Mil. Therefore, DFCC Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

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

COL:DFCC.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.12 Max: 0.23
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of DFCC Bank was 0.23. The lowest was 0.10. And the median was 0.12.

COL:DFCC.N0000's Equity-to-Asset is ranked better than
68.21% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs COL:DFCC.N0000: 0.11

DFCC Bank Equity-to-Asset Historical Data

The historical data trend for DFCC 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.

DFCC Bank Equity-to-Asset Chart

DFCC Bank Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.12

0.11

0.10

0.11

DFCC Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.10	0.11	0.11	0.12	0.11

Competitive Comparison of DFCC Bank's Equity-to-Asset

For the Banks - Regional subindustry, DFCC 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.

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

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

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

DFCC 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.

DFCC 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
	=	71983.613	/	645068.398
	=	0.11

DFCC Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	71983.613	/	645068.398
	=	0.11

DFCC Bank (COL:DFCC.N0000) 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%.

DFCC Bank Equity-to-Asset Related Terms

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

DFCC Bank (COL:DFCC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

73/5, Galle Road, Colombo, LKA, 03

Website

https://www.dfcc.lk

DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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