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Amen Bank (XTUN:AB) Equity-to-Asset : 0.12 (As of Jun. 2023)


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What is Amen Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Amen Bank's Total Stockholders Equity for the quarter that ended in Jun. 2023 was TND1,360.3 Mil. Amen Bank's Total Assets for the quarter that ended in Jun. 2023 was TND10,994.8 Mil. Therefore, Amen Bank's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.12.

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

XTUN:AB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.13
Current: 0.12

During the past 10 years, the highest Equity to Asset Ratio of Amen Bank was 0.13. The lowest was 0.09. And the median was 0.12.

XTUN:AB's Equity-to-Asset is ranked better than
75.14% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs XTUN:AB: 0.12

Amen Bank Equity-to-Asset Historical Data

The historical data trend for Amen 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.

Amen Bank Equity-to-Asset Chart

Amen Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.13 0.13 0.13

Amen Bank Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.12 0.13 0.12 0.13 0.12

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

For the Banks - Regional subindustry, Amen 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.


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

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

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



Amen 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.

Amen Bank's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1366.659/10243.059
=0.13

Amen 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
=1360.292/10994.813
=0.12

* 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.


Amen Bank  (XTUN:AB) 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%.


Amen Bank Equity-to-Asset Related Terms

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


Amen Bank (XTUN:AB) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Mohamed V, Tunis, TUN, 1002
Amen Bank SA provides banking services. It provides consulting and wealth management-related assistance, financial management, fund management, and advisory services to individuals and businesses.