LCAAW (L Catterton Asia Acquisition) Equity-to-Asset: 0.90 (As of Sep. 2023) — Near Median

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LCAAW L Catterton Asia Acquisition Corp LCAAW
24 GF Score
Price $0.85
! 1 Warning Sign
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What is L Catterton Asia Acquisition Equity-to-Asset?

L Catterton Asia Acquisition LCAAW 24 Equity-to-Asset is 0.90 as of Sep. 2023, which is 2% below its 10-year median of 0.92. GuruFocus rates LCAAW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. L Catterton Asia Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $207.64 Mil. L Catterton Asia Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $231.04 Mil.

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

LCAAW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.92   Max: 0.96
Current: 0.9

During the past 2 years, the highest Equity to Asset Ratio of L Catterton Asia Acquisition was 0.96. The lowest was 0.19. And the median was 0.92.

LCAAW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.91 vs LCAAW: 0.90

L Catterton Asia Acquisition  (NAS:LCAAW) 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%.


L Catterton Asia Acquisition Equity-to-Asset Related Terms


L Catterton Asia Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for L Catterton Asia Acquisition'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.

L Catterton Asia Acquisition Equity-to-Asset Chart

L Catterton Asia Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.92 0.95

L Catterton Asia Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.95 0.95 0.91 0.91 0.90

LCAAW vs RENE, IVCB, HYAC: Equity-to-Asset Comparison

For the Shell Companies subindustry, L Catterton Asia Acquisition'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.


L Catterton Asia Acquisition Equity-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, L Catterton Asia Acquisition's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where L Catterton Asia Acquisition's Equity-to-Asset falls into.


LCAAW
24GF Score
L Catterton Asia Acquisition Corp LCAAW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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L Catterton Asia Acquisition 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.

L Catterton Asia Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=276.225/290.742
=

L Catterton Asia Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=207.635/231.041
=

* 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 0.90 mean?
L Catterton Asia Acquisition (LCAAW) has a Equity-to-Asset of 0.90 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on L Catterton Asia Acquisition and its competitors. This is near median its historical median of 0.92. Over the past decade, L Catterton Asia Acquisition's Equity-to-Asset has ranged from 0.19 to 0.96.
Is L Catterton Asia Acquisition's Equity-to-Asset too high?
L Catterton Asia Acquisition's current Equity-to-Asset of 0.90 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.96. The Diversified Financial Services industry median Equity-to-Asset is 0.91. L Catterton Asia Acquisition's value of 0.90 is 1.1% below this industry median. Overall, L Catterton Asia Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does L Catterton Asia Acquisition's Equity-to-Asset compare to RENE and IVCB?
L Catterton Asia Acquisition's Equity-to-Asset of 0.90 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.91. L Catterton Asia Acquisition's value of 0.90 is 1.1% below this benchmark. Historically, L Catterton Asia Acquisition's own Equity-to-Asset has ranged from 0.19 to 0.96 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.91, L Catterton Asia Acquisition 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 Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 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. L Catterton Asia Acquisition's current Equity-to-Asset of 0.90 is 1.1% 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 L Catterton Asia Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L Catterton Asia Acquisition's current Equity-to-Asset is 0.90, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L Catterton Asia Acquisition stock overvalued right now?
L Catterton Asia Acquisition (LCAAW) has a current Equity-to-Asset of 0.90. The current Equity-to-Asset is 0.90, which is near median its 10-year median of 0.92 and 1.1% below the Diversified Financial Services industry median of 0.91. L Catterton Asia Acquisition's overall GF Score™ is 24/100 with 1 warning sign 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 L Catterton Asia Acquisition (LCAAW), the current Equity-to-Asset is 0.90 as of Sep. 2023. 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.

L Catterton Asia Acquisition Business Description

Address 8 Marina View, Asia Square Tower 1, No. 41-03, Singapore, SGP, 018960
L Catterton Asia Acquisition Corp is a blank check company.
24GF Score

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

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