GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Selection Group Ltd (ASX:LSX) » Definitions » Equity-to-Asset

Lion Selection Group (ASX:LSX) Equity-to-Asset : 0.99 (As of Jul. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Lion Selection Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lion Selection Group's Total Stockholders Equity for the quarter that ended in Jul. 2024 was A$88.00 Mil. Lion Selection Group's Total Assets for the quarter that ended in Jul. 2024 was A$89.07 Mil. Therefore, Lion Selection Group's Equity to Asset Ratio for the quarter that ended in Jul. 2024 was 0.99.

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

ASX:LSX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 1   Max: 1
Current: 0.99

During the past 11 years, the highest Equity to Asset Ratio of Lion Selection Group was 1.00. The lowest was 0.96. And the median was 1.00.

ASX:LSX's Equity-to-Asset is ranked better than
97.46% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs ASX:LSX: 0.99

Lion Selection Group Equity-to-Asset Historical Data

The historical data trend for Lion Selection 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.

* Premium members only.

Lion Selection Group Equity-to-Asset Chart

Lion Selection Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.00 0.97 0.99 0.99

Lion Selection Group Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul24
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 0.97 0.96 0.99 0.99 0.99

Competitive Comparison of Lion Selection Group's Equity-to-Asset

For the Gold subindustry, Lion Selection 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.


Lion Selection Group's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lion Selection Group's Equity-to-Asset distribution charts can be found below:

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



Lion Selection 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.

Lion Selection Group's Equity to Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Equity to Asset (A: Jul. 2024 )=Total Stockholders Equity/Total Assets
=87.996/89.065
=0.99

Lion Selection Group's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=87.996/89.065
=0.99

* 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.


Lion Selection Group  (ASX:LSX) 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%.


Lion Selection Group Equity-to-Asset Related Terms

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


Lion Selection Group Business Description

Traded in Other Exchanges
N/A
Address
175 Flinders Street, Level 2, Melbourne, VIC, AUS, 3000
Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies providing venture capital to carefully selected mining and exploration companies with outstanding management and development projects. Lion invests only in mining and exploration companies and projects with gold and base metal activities in Australia, Africa, Asia, and the Americas. Its project includes Pani Gold Project.

Lion Selection Group Headlines

No Headlines