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IFIC Bank (DHA:IFIC) Equity-to-Asset : 0.07 (As of Jun. 2023)


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What is IFIC Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IFIC Bank's Total Stockholders Equity for the quarter that ended in Jun. 2023 was BDT34,640 Mil. IFIC Bank's Total Assets for the quarter that ended in Jun. 2023 was BDT497,462 Mil. Therefore, IFIC Bank's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.07.

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

DHA:IFIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.07   Max: 0.09
Current: 0.07

During the past 9 years, the highest Equity to Asset Ratio of IFIC Bank was 0.09. The lowest was 0.07. And the median was 0.07.

DHA:IFIC's Equity-to-Asset is ranked worse than
73.33% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs DHA:IFIC: 0.07

IFIC Bank Equity-to-Asset Historical Data

The historical data trend for IFIC 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.

IFIC Bank Equity-to-Asset Chart

IFIC Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.08 0.08 0.07 0.07 0.07

IFIC Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 0.07 0.07 0.07 0.07 0.07

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

For the Banks - Regional subindustry, IFIC 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.


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

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

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



IFIC 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.

IFIC 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
=36125.266/529936.531
=0.07

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

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=34639.619/497461.98
=0.07

* 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.


IFIC Bank  (DHA:IFIC) 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%.


IFIC Bank Equity-to-Asset Related Terms

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


IFIC Bank (DHA:IFIC) Business Description

Traded in Other Exchanges
N/A
Address
IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000
IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

IFIC Bank (DHA:IFIC) Headlines

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