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First Financial (First Financial) Equity-to-Asset : 0.11 (As of Dec. 2023)


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What is First Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $528.0 Mil. First Financial's Total Assets for the quarter that ended in Dec. 2023 was $4,851.1 Mil. Therefore, First Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

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

THFF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.13   Max: 0.15
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of First Financial was 0.15. The lowest was 0.10. And the median was 0.13.

THFF's Equity-to-Asset is ranked better than
68.49% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs THFF: 0.11

First Financial Equity-to-Asset Historical Data

The historical data trend for First Financial'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.

First Financial Equity-to-Asset Chart

First Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.11 0.10 0.11

First Financial 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 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 0.10 0.10 0.10 0.10 0.11

Competitive Comparison of First Financial's Equity-to-Asset

For the Banks - Regional subindustry, First Financial'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.


First Financial's Equity-to-Asset Distribution in the Banks Industry

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

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



First Financial 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.

First Financial'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
=527.976/4851.146
=0.11

First Financial'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
=527.976/4851.146
=0.11

* 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.


First Financial  (NAS:THFF) 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%.


First Financial Equity-to-Asset Related Terms

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


First Financial (First Financial) Business Description

Traded in Other Exchanges
N/A
Address
One First Financial Plaza, Terre Haute, IN, USA, 47807
First Financial Corp operates as a financial holding company, which is engaged in the provision of financial services in the United States. The company offers a wide variety of financial services including commercial, mortgage, and consumer lending, lease financing, trust account services, depositor services, and insurance services, through its subsidiaries. Its primary source of revenue is derived from loans to customers and investment activities.
Executives
Susan M Jensen director 3935 NORTH RANDALL STREET, TERRE HAUTE IN 47805
Pierson Paul Joseph Ii director 1214 LADBROOKE DRIVE, EVANSVILLE IN 47725
James O Mcdonald director 8305 N COAL CREEK PLACE, WEST TERRE HAUTE IN 47885
William Randolph Krieble director 6158 BIG STONE DR., INDIANAPOLIS IN 46234
Thomas T Dinkel director 100 HAMILTON DR, TERRE HAUTE IN 47803
William Curtis Brighton director INDIANAPOLIS MOTOR SPEEDWAY, 4790 WEST 16TH STREET, INDIANAPOLIS IN 46222
Tina Jane Maher director 2000 BOLTON ROAD, WEST TERRE HAUTE IN 47885
Thomas Craig Martin director 2609 STERLING AVENUE, BLOOMINGTON IN 47401
Richard Jerome Shagley director 1924 S FRUITRIDGE AVENUE, TERRE HAUTE IN 47803
Blade Mark Jason Sr director 3755 NORTH ANDERSON DRIVE, TERRE HAUTE IN 47803
Mark Allen Franklin officer: Chief Lending Officer 2600 S ROBINS BOW, BLOOMINGTON IN 47401
Michael A Carty director 322 S WASHINGTON ST, CLINTON IN 47842
Gregory L Gibson director 12081 EAST RIO GRANDE, BRAZIL IN 47834
Norman L Lowery director, officer: President & C.E.O. 93 ALLENDALE, TERRE HAUTE IN 47802
Norman D Lowery officer: Chief Operations Officer ONE FIRST FINANCIAL PLAZA, TERRE HAUTE X1 47807

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