Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LCI Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,355 Mil. LCI Industries's Total Assets for the quarter that ended in Dec. 2023 was $2,959 Mil.
Therefore, LCI Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.
The historical rank and industry rank for LCI Industries's Equity-to-Asset or its related term are showing as below:
LCII'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.51 Max: 0.73
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of LCI Industries was 0.73. The lowest was 0.33. And the median was 0.51.
LCII's Equity-to-Asset is ranked worse than 50.57% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs LCII: 0.46
LCI Industries Equity-to-Asset Historical Data
The historical data trend for LCI Industries'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.
For the Recreational Vehicles subindustry, LCI Industries'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.
LCI Industries Equity-to-Asset Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where LCI Industries's Equity-to-Asset falls into.
LCI Industries 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.
LCI Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 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%.
LCI Industries Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of LCI Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
LCI Industries (LCI Industries) Business Description
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.
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