Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Security Federal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $172.36 Mil. Security Federal's Total Assets for the quarter that ended in Dec. 2023 was $1,549.67 Mil.
Therefore, Security Federal's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.
The historical rank and industry rank for Security Federal's Equity-to-Asset or its related term are showing as below:
SFDL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.1 Max: 0.12
Current: 0.12
During the past 13 years, the highest Equity to Asset Ratio of Security Federal was 0.12. The lowest was 0.09. And the median was 0.10.
SFDL's Equity-to-Asset is ranked better than 75.66% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs SFDL: 0.12
Security Federal Equity-to-Asset Historical Data
The historical data trend for Security Federal'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.
Competitive Comparison of Security Federal's Equity-to-Asset
For the Banks - Regional subindustry, Security Federal'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.
Security Federal's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Security Federal's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Security Federal's Equity-to-Asset falls into.
Security Federal 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.
Security Federal's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Security Federal (OTCPK:SFDL) 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%.
Security Federal Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Security Federal's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Security Federal (Security Federal) Business Description
Security Federal Corp and its subsidiaries are involved in the business of providing commercial and personal banking services as well as auto, business, home, and health insurance. The primary business of the company is to accept deposits from the general public and originate commercial real estate loans, commercial business loans, consumer loans as well as mortgage loans to buy or refinance one-to-four family residential real estate. It also originates construction loans and loans for the acquisition, development, and construction of residential subdivisions and commercial projects. The bank also operates Security federal trust and investments that offer trust, financial planning, and financial management services.
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