Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Equity-to-Asset: 1.00 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:LASC11 Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11
49 GF Score
Price R$110.44
GF Value R$104.34
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Legatus Shoppings Fundo DE Investimento Imobiliario - FII Equity-to-Asset?

Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11 -0.05% 49 Equity-to-Asset is 1.00 as of Dec. 2025, which is 1% above its 10-year median of 0.99. GuruFocus rates BSP:LASC11 with a GF Score™ of 49/100 and a GF Value™ of R$104.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 926 REITs companies, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks better than 99.78% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R$388.06 Mil. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Total Assets for the quarter that ended in Dec. 2025 was R$389.98 Mil. Therefore, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 1.00.

The historical rank and industry rank for Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset or its related term are showing as below:

BSP:LASC11' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.99   Max: 1
Current: 1

During the past 7 years, the highest Equity to Asset Ratio of Legatus Shoppings Fundo DE Investimento Imobiliario - FII was 1.00. The lowest was 0.75. And the median was 0.99.

BSP:LASC11's Equity-to-Asset is ranked better than
99.78% of 926 companies
in the REITs industry
Industry Median: 0.58 vs BSP:LASC11: 1.00

Legatus Shoppings Fundo DE Investimento Imobiliario - FII  (BSP:LASC11) 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%.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Equity-to-Asset Related Terms


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Equity-to-Asset Chart

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.90 0.99 0.99 1.00 1.00

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset Get a 7-Day Free Trial 0.90 0.99 0.99 1.00 1.00

BSP:LASC11 vs VICI, WPC: Equity-to-Asset Comparison

For the REIT - Diversified subindustry, Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset falls into.


BSP:LASC11
49GF Score
Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=388.062/389.977
=1.00

Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=388.062/389.977
=1.00

* 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 1.00 mean?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) has a Equity-to-Asset of 1.00 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. This is near median its historical median of 0.99. Over the past decade, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset has ranged from 0.75 to 1.00. According to the industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #2 out of 926 companies in the REITs industry, placing it in the top 0.2%.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset too high?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Equity-to-Asset of 1.00 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.00. The REITs industry median Equity-to-Asset is 0.58. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 1.00 is 72.4% above this industry median. Based on the distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #2 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Legatus Shoppings Fundo DE Investimento Imobiliario - FII has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Equity-to-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #2 out of 926 companies for Equity-to-Asset. This places Legatus Shoppings Fundo DE Investimento Imobiliario - FII in the top 0% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.58. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 1.00 is 72.4% above this benchmark. Historically, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's own Equity-to-Asset has ranged from 0.75 to 1.00 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.58, Legatus Shoppings Fundo DE Investimento Imobiliario - FII has consistently been above the industry average. 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 REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 926 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. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Equity-to-Asset of 1.00 is 72.4% above the industry median. 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Equity-to-Asset is 1.00, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) is currently considered Fairly Valued. The stock's GF Value™ is R$104.34, compared to a current price of R$110.44 — trading 5.8% above its estimated fair value. The current Equity-to-Asset is 1.00, which is near median its 10-year median of 0.99 and 72.4% above the REITs industry median of 0.58. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's overall GF Score™ is 49/100 with 6 warning signs to review. 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11), the current Equity-to-Asset is 1.00 as of Dec. 2025. 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.

Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Overvalued in 2026?

Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock appears to be overvalued. The current stock price of R$110.44 is trading 5.8% above its estimated GF Value™ of R$104.34. GuruFocus considers Legatus Shoppings Fundo DE Investimento Imobiliario - FII to be Fairly Valued.

Key valuation signals for BSP:LASC11:

  • Equity-to-Asset: 1.00 (near median its 10-year median of 0.99)
  • GF Value™: R$104.34 vs. price of R$110.44 (5.8% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 72.4% above the REITs median (#2 of 926)

No single metric tells the full story. See the BSP:LASC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, Rio de Janeiro, RJ, BRA, CEP: 22250040
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.
49GF Score

Get the complete analysis for BSP:LASC11

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$110.44
Price
R$104.34
GF Value