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L1 Long Short Fund (ASX:LSF) Equity-to-Asset : 0.49 (As of Dec. 2022)


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What is L1 Long Short Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. L1 Long Short Fund's Total Stockholders Equity for the quarter that ended in Dec. 2022 was A$1,795.6 Mil. L1 Long Short Fund's Total Assets for the quarter that ended in Dec. 2022 was A$3,702.1 Mil. Therefore, L1 Long Short Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.49.

The historical rank and industry rank for L1 Long Short Fund's Equity-to-Asset or its related term are showing as below:

ASX:LSF's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.82
* Ranked among companies with meaningful Equity-to-Asset only.

L1 Long Short Fund Equity-to-Asset Historical Data

The historical data trend for L1 Long Short Fund'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.

L1 Long Short Fund Equity-to-Asset Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
0.47 0.45 0.45 0.44 0.39

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.44 0.42 0.39 0.49

Competitive Comparison of L1 Long Short Fund's Equity-to-Asset

For the Asset Management subindustry, L1 Long Short Fund'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.


L1 Long Short Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's Equity-to-Asset falls into.



L1 Long Short Fund 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.

L1 Long Short Fund's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=1685.426/4374.074
=0.39

L1 Long Short Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1795.64/3702.116
=0.49

* 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.


L1 Long Short Fund  (ASX:LSF) 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%.


L1 Long Short Fund Equity-to-Asset Related Terms

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L1 Long Short Fund (ASX:LSF) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.