United Bank for Africa (NSA:UBA) Equity-to-Asset : 0.10 (As of Dec. 2023)

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What is United Bank for Africa Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Bank for Africa's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₦1,962,162 Mil. United Bank for Africa's Total Assets for the quarter that ended in Dec. 2023 was ₦20,653,197 Mil. Therefore, United Bank for Africa's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

NSA:UBA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.13
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of United Bank for Africa was 0.13. The lowest was 0.08. And the median was 0.10.

NSA:UBA's Equity-to-Asset is ranked better than
59.3% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs NSA:UBA: 0.10

United Bank for Africa Equity-to-Asset Historical Data

The historical data trend for United Bank for Africa'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.

United Bank for Africa Equity-to-Asset Chart

United Bank for Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.10

0.09

0.08

0.10

United Bank for Africa 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															0.08	0.08	0.11	0.11	0.10

Competitive Comparison of United Bank for Africa's Equity-to-Asset

For the Banks - Diversified subindustry, United Bank for Africa'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.

United Bank for Africa's Equity-to-Asset Distribution in the Banks Industry

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

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

United Bank for Africa 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.

United Bank for Africa'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
	=	1962162	/	20653197
	=	0.10

United Bank for Africa'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
	=	1962162	/	20653197
	=	0.10

United Bank for Africa (NSA:UBA) 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%.

United Bank for Africa Equity-to-Asset Related Terms

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United Bank for Africa (NSA:UBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bank for Africa PLC (NSA:UBA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Marina, UBA House, Lagos, NGA

Website

https://www.ubagroup.com

United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments of the company are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.