Live Verdure (ASX:LV1) Equity-to-Asset : 0.82 (As of Dec. 2023)

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What is Live Verdure Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Live Verdure's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$2.56 Mil. Live Verdure's Total Assets for the quarter that ended in Dec. 2023 was A$3.13 Mil. Therefore, Live Verdure's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.

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

ASX:LV1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.7 Max: 0.95
Current: 0.82

During the past 4 years, the highest Equity to Asset Ratio of Live Verdure was 0.95. The lowest was 0.28. And the median was 0.70.

ASX:LV1's Equity-to-Asset is ranked better than
84.52% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs ASX:LV1: 0.82

Live Verdure Equity-to-Asset Historical Data

The historical data trend for Live Verdure'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.

Live Verdure Equity-to-Asset Chart

Live Verdure Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.94

0.89

0.28

0.37

Live Verdure Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.70	0.28	0.46	0.37	0.82

Competitive Comparison of Live Verdure's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Live Verdure'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.

Live Verdure's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Live Verdure's Equity-to-Asset distribution charts can be found below:

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

Live Verdure 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.

Live Verdure's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	0.923	/	2.493
	=	0.37

Live Verdure'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
	=	2.563	/	3.131
	=	0.82

Live Verdure (ASX:LV1) 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%.

Live Verdure Equity-to-Asset Related Terms

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

Live Verdure (ASX:LV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Live Verdure Ltd (ASX:LV1) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

http://www.liveverdure.com.au

Live Verdure Ltd is an Australian Health, Wellness and Skincare company making a range of naturally-based products with effective active ingredients. Its products are predominantly sold Direct-to-Consumer (D2C), using the Company's websites. The Company is engaged in providing hemp-based products under 13 seeds brand name. The company focuses on development of Australian hemp food, beauty and nutraceutical products.

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