Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hargreaves Lansdown's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $903.2 Mil. Hargreaves Lansdown's Total Assets for the quarter that ended in Dec. 2023 was $1,581.3 Mil.
Therefore, Hargreaves Lansdown's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.
The historical rank and industry rank for Hargreaves Lansdown's Equity-to-Asset or its related term are showing as below:
HRGLY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.43 Max: 0.6
Current: 0.57
During the past 13 years, the highest Equity to Asset Ratio of Hargreaves Lansdown was 0.60. The lowest was 0.30. And the median was 0.43.
HRGLY's Equity-to-Asset is ranked worse than 78.76% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs HRGLY: 0.57
Hargreaves Lansdown Equity-to-Asset Historical Data
The historical data trend for Hargreaves Lansdown'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.
Competitive Comparison of Hargreaves Lansdown's Equity-to-Asset
For the Asset Management subindustry, Hargreaves Lansdown'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.
Hargreaves Lansdown's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Hargreaves Lansdown's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hargreaves Lansdown's Equity-to-Asset falls into.
Hargreaves Lansdown 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.
Hargreaves Lansdown's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
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%.
Hargreaves Lansdown Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hargreaves Lansdown's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hargreaves Lansdown (Hargreaves Lansdown) Business Description
Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.
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