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Las VegasndsFRA:LCR +1.14%75 Equity-to-Asset is 0.03 as of Jun. 2026, which is 84% below its 10-year median of 0.19. GuruFocus rates FRA:LCR with a GF Score™ of 75/100 and a GF Value™ of €57.48 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 858 Travel & Leisure companies, Las Vegasnds ranks worse than 92.19% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Las Vegasnds's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €504 Mil. Las Vegasnds's Total Assets for the quarter that ended in Jun. 2026 was €17,281 Mil.
Therefore, Las Vegasnds's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.03.
The historical rank and industry rank for Las Vegasnds's Equity-to-Asset or its related term are showing as below:
FRA:LCR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.34
Current: 0.03
During the past 13 years, the highest Equity to Asset Ratio of Las Vegasnds was 0.34. The lowest was 0.03. And the median was 0.19.
FRA:LCR's Equity-to-Asset is ranked worse than 92.19% of 858
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs FRA:LCR: 0.03
Las Vegasnds (FRA:LCR) 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%.
Las Vegasnds Equity-to-Asset Related Terms
Las Vegasnds Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Las Vegasnds'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.
FRA:LCR vs MGM, WYNN, BYD: Equity-to-Asset Comparison
For the Resorts & Casinos subindustry, Las Vegasnds'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.
Las Vegasnds Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Las Vegasnds's Equity-to-Asset falls into.
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.
Las Vegasnds's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Las Vegasnds (FRA:LCR) has a Equity-to-Asset of 0.03 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Las Vegasnds and its competitors. This is 84% below median its historical median of 0.19. Over the past decade, Las Vegasnds' Equity-to-Asset has ranged from 0.03 to 0.34. According to the industry distribution chart, Las Vegasnds ranks #791 out of 858 companies in the Travel & Leisure industry, placing it in the top 92.2%.
Is Las Vegasnds' Equity-to-Asset too high?
Las Vegasnds' current Equity-to-Asset of 0.03 is 84% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.34. The Travel & Leisure industry median Equity-to-Asset is 0.51. Las Vegasnds' value of 0.03 is 94.1% below this industry median. Based on the distribution chart, Las Vegasnds ranks #791 out of 858 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Las Vegasnds has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Las Vegasnds' Equity-to-Asset compare to MGM and WYNN?
According to the Travel & Leisure industry distribution chart, Las Vegasnds ranks #791 out of 858 companies for Equity-to-Asset. This places Las Vegasnds in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Las Vegasnds' value of 0.03 is 94.1% below this benchmark. Historically, Las Vegasnds' own Equity-to-Asset has ranged from 0.03 to 0.34 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.51, Las Vegasnds has consistently been below 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 Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 858 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. Las Vegasnds's current Equity-to-Asset of 0.03 is 94.1% below 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 Las Vegasnds and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Las Vegasnds's current Equity-to-Asset is 0.03, which is 84% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Las Vegasnds stock overvalued right now?
Based on GuruFocus' analysis, Las Vegasnds (FRA:LCR) is currently considered Significantly Undervalued. The stock's GF Value™ is €57.48, compared to a current price of €40.09 — trading 30.3% below its estimated fair value. The current Equity-to-Asset is 0.03, which is 84% below median its 10-year median of 0.19 and 94.1% below the Travel & Leisure industry median of 0.51. Las Vegasnds' overall GF Score™ is 75/100 with 2 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 Las Vegasnds (FRA:LCR), the current Equity-to-Asset is 0.03 as of Jun. 2026. 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 Las Vegasnds (FRA:LCR) Overvalued in 2026?
Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued.
The current stock price of €40.09 is trading 30.3% below its estimated GF Value™ of €57.48.
GuruFocus considers Las Vegasnds to be Significantly Undervalued.
Key valuation signals for FRA:LCR:
Equity-to-Asset: 0.03 (84% below median its 10-year median of 0.19)
GF Value™: €57.48 vs. price of €40.09 (30.3% below fair value)
Industry Position: 94.1% below the Travel & Leisure median (#791 of 858)
No single metric tells the full story. See the FRA:LCR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and Vici in 2022. After the sale of its Vegas assets, Sands generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
75GF Score
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