Shareholders Equity ratio Analysis of Southern States Bancshares Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointShareholders Equity of SSBK
Dec-238.79Very Poor Shareholders Equity | Dec-228.89Very Poor Shareholders Equity | Growth-1.12% |
Shareholders Equity Analysis of Southern States Bancshares Inc
| Shareholder to Equity Ratio 8.79 of Southern States Bancshares Inc indicates that shareholders own a low proportion of the assets of the company. |
| Shareholders Equity Ratio of SSBK has fallen by -1.12 % Compared to previous Financial Year. |
| Shareholders Equity Ratio with value of 11.56 was highest in Year Dec-19 in last Five Years. |
| Shareholders Equity Ratio of SSBK trending down for at least three Years. |
| Latest Shareholders Equity Ratio with value of 8.79 is lower than Average Shareholders Equity of 9.95 in last five years. |
Other Shareholders Equity Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SSBK | 25.63 | 26.12 | 1.88 % | Banks-Regional |
Defination of Shareholders Equity
The Shareholders Equity Ratio measures how much the company's assets are funded using shareholder's equity instead of debt. This metric also tells how much shareholders claim on the company's assets in a time of liquidation. more ..
Shareholders Equity Related Ratios
| DebtToEquityRatio | ReturnOnEquity |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Shareholders Equity of Southern States Bancshares Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| Shareholders Equity | 8.79 | 8.89 | 9.94 | 10.56 | 11.56 | 10.76 |
| Change | -1.12 % | -10.58 % | -5.85 % | -8.69 % | 7.47 % |
FY Chart of Shareholders Equity of Southern States Bancshares Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)