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National Australia Bank (National Australia Bank) Equity-to-Asset

: 0.06 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National Australia Bank's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $39,302 Mil. National Australia Bank's Total Assets for the quarter that ended in Sep. 2023 was $680,645 Mil. Therefore, National Australia Bank's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.06.

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

NABZY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.07   Max: 0.07
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of National Australia Bank was 0.07. The lowest was 0.05. And the median was 0.07.

NABZY's Equity-to-Asset is ranked worse than
82.49% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs NABZY: 0.06

National Australia Bank Equity-to-Asset Historical Data

The historical data trend for National Australia 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.

National Australia Bank Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.07 0.06 0.06

National Australia Bank Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.07 0.06 0.06 0.06 0.06

Competitive Comparison

For the Banks - Diversified subindustry, National Australia 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.


National Australia Bank Equity-to-Asset Distribution

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

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



National Australia 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.

National Australia Bank's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=39302.057/680644.602
=0.06

National Australia Bank's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=39302.057/680644.602
=0.06

* 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.


National Australia Bank  (OTCPK:NABZY) 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%.


National Australia Bank Equity-to-Asset Related Terms

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


National Australia Bank (National Australia Bank) Business Description

Address
395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the third-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.

National Australia Bank (National Australia Bank) Headlines

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