LGI (ASX:LGI) Equity-to-Asset : 0.57 (As of Dec. 2024)

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What is LGI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LGI's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$53.91 Mil. LGI's Total Assets for the quarter that ended in Dec. 2024 was A$94.59 Mil. Therefore, LGI's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.57.

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

ASX:LGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.66 Max: 0.78
Current: 0.57

During the past 2 years, the highest Equity to Asset Ratio of LGI was 0.78. The lowest was 0.57. And the median was 0.66.

ASX:LGI's Equity-to-Asset is ranked better than
72.17% of 442 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs ASX:LGI: 0.57

LGI Equity-to-Asset Historical Data

The historical data trend for LGI'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.

LGI Equity-to-Asset Chart

LGI Annual Data

Trend

Jun23

Jun24

Equity-to-Asset

0.78

0.60

LGI Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	0.78	0.78	0.66	0.60	0.57

Competitive Comparison of LGI's Equity-to-Asset

For the Utilities - Renewable subindustry, LGI'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.

LGI's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, LGI's Equity-to-Asset distribution charts can be found below:

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

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LGI 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.

LGI's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	52.803	/	88.591
	=	0.60

LGI's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	53.91	/	94.591
	=	0.57

LGI (ASX:LGI) 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%.

LGI Equity-to-Asset Related Terms

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

LGI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » LGI Ltd (ASX:LGI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Harvey Street North, Eagle Farm, Brisbane, QLD, AUS, 4009

Website

https://www.lgi.com.au

LGI Ltd is engaged in the recovery of biogas from landfills, and the subsequent conversion into renewable electricity and saleable environmental products.