Johns Lyng Group (ASX:JLG) Equity-to-Asset : 0.54 (As of Dec. 2023)

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What is Johns Lyng Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Johns Lyng Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$429 Mil. Johns Lyng Group's Total Assets for the quarter that ended in Dec. 2023 was A$800 Mil. Therefore, Johns Lyng Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

ASX:JLG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.36 Max: 0.57
Current: 0.54

During the past 6 years, the highest Equity to Asset Ratio of Johns Lyng Group was 0.57. The lowest was 0.23. And the median was 0.36.

ASX:JLG's Equity-to-Asset is ranked better than
65.55% of 1678 companies
in the Construction industry
Industry Median: 0.44 vs ASX:JLG: 0.54

Johns Lyng Group Equity-to-Asset Historical Data

The historical data trend for Johns Lyng Group'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.

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Johns Lyng Group Equity-to-Asset Chart

Johns Lyng Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.34

0.23

0.26

0.49

0.46

Johns Lyng Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.57	0.49	0.48	0.46	0.54

Competitive Comparison of Johns Lyng Group's Equity-to-Asset

For the Engineering & Construction subindustry, Johns Lyng Group'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.

Johns Lyng Group's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Johns Lyng Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Johns Lyng Group's Equity-to-Asset falls into.

Johns Lyng Group 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.

Johns Lyng Group'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
	=	358.746	/	785.482
	=	0.46

Johns Lyng Group'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
	=	429.157	/	800.228
	=	0.54

Johns Lyng Group (ASX:JLG) 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%.

Johns Lyng Group Equity-to-Asset Related Terms

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

Johns Lyng Group (ASX:JLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Johns Lyng Group Ltd (ASX:JLG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

JLGRF:USA

Address

1 Williamsons Road, Doncastor, Melbourne, VIC, AUS, 3108

Website

https://www.johnslyng.com.au

Johns Lyng Group Ltd provides integrated building services in Australia. The company's operating segment include Insurance Building and Restoration Services; Commercial Building Services; Commercial Construction - Commercial Builders and Others. It generates maximum revenue from the Insurance Building and Restoration Services segment. Building and Restoration Services segment is involved in the building fabric repair, contents restoration and hazardous waste removal. The Commercial Building Services segment focuses on residential and commercial flooring, emergency domestic repairs, shop-fitting, and commercial glazing. Geographically the company generates the majority of its revenue from Australia and New Zealand.

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