Life (ASX:LFC) Equity-to-Asset: -0.68 (As of Jun. 2017)

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Director of Data and Quant Analytics at GuruFocus
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What is Life Equity-to-Asset?

Life ASX:LFC Equity-to-Asset is -0.68 as of Jun. 2017. The stock has 5 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Life's Total Stockholders Equity for the quarter that ended in Jun. 2017 was A$-4.34 Mil. Life's Total Assets for the quarter that ended in Jun. 2017 was A$6.40 Mil. Therefore, Life's Equity to Asset Ratio for the quarter that ended in Jun. 2017 was -0.68.

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

ASX:LFC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.7   Med: 0.83   Max: 0.93
Current: -0.7

During the past 13 years, the highest Equity to Asset Ratio of Life was 0.93. The lowest was -0.70. And the median was 0.83.

ASX:LFC's Equity-to-Asset is not ranked
in the Personal Services industry.
Industry Median: 0.385 vs ASX:LFC: -0.70

Life  (ASX:LFC) 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%.


Life Equity-to-Asset Related Terms


Life Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Life'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.

Life Equity-to-Asset Chart

Life Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun16 Jun17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.84 0.83 0.21 -0.68

Life Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.40 0.21 0.07 -0.68

Life Equity-to-Asset Competitor Comparison

For the Personal Services subindustry, Life'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.


Life Equity-to-Asset vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Life's Equity-to-Asset distribution charts can be found below:

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



Life 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.

Life's Equity to Asset Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Equity to Asset (A: Jun. 2017 )=Total Stockholders Equity/Total Assets
=-4.343/6.399
=-0.68

Life's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=-4.343/6.399
=-0.68

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.68 mean?
Life (ASX:LFC) has a Equity-to-Asset of -0.68 as of Jun. 2017. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Life and its competitors.
Is Life's Equity-to-Asset too high?
Life's current Equity-to-Asset is -0.68.
How does Life's Equity-to-Asset compare to competitors?
Life's Equity-to-Asset of -0.68 can be compared against companies in the Personal Services industry. The industry median Equity-to-Asset is 0.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Personal Services company?
The median Equity-to-Asset among Personal Services companies is 0.39, based on 96 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Life and its competitors. For the Personal Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life's current Equity-to-Asset is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Life (ASX:LFC) has a current Equity-to-Asset of -0.68. The current Equity-to-Asset is -0.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Life (ASX:LFC), the current Equity-to-Asset is -0.68 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Life Business Description

Address 988 Toa Payoh North, No. 07-05, Singapore, SGP, 319002
Life Corp Ltd is a holding company. The company through its subsidiaries is engaged in providing multi-religion funeral services relating to burials or cremations and including other related ancillary services and supplies. The company provides one-stop funeral, bereavement and afterlife care services in Singapore.