LEAI (Legacy Education Alliance) Equity-to-Asset: -31.38 (As of Mar. 2024)


What is Legacy Education Alliance Equity-to-Asset?

Legacy Education Alliance LEAI +20.00% Equity-to-Asset is -31.38 as of Mar. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Legacy Education Alliance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-27.39 Mil. Legacy Education Alliance's Total Assets for the quarter that ended in Mar. 2024 was $0.87 Mil. Therefore, Legacy Education Alliance's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -31.38.

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

LEAI's Equity-to-Asset is not ranked *
in the Education industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Legacy Education Alliance  (OTCPK:LEAI) 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%.

Legacy Education Alliance Equity-to-Asset Related Terms

Legacy Education Alliance Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Equity-to-Asset Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.27 -3.73 -11.55 -26.00 -32.25

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -27.36 -29.98 -28.39 -32.25 -31.38

LEAI vs TAL, EDU, LRN: Equity-to-Asset Comparison

For the Education & Training Services subindustry, Legacy Education Alliance'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.

Legacy Education Alliance Equity-to-Asset vs Education Industry

For the Education industry and Consumer Defensive sector, Legacy Education Alliance's Equity-to-Asset distribution charts can be found below:

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


Legacy Education Alliance 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.

Legacy Education Alliance's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-26.604/0.825
=-32.25

Legacy Education Alliance's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-27.39/0.873
=-31.37

* 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 -31.38 mean?
Legacy Education Alliance (LEAI) has a Equity-to-Asset of -31.38 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Equity-to-Asset too high?
Legacy Education Alliance's current Equity-to-Asset is -31.38.
How does Legacy Education Alliance's Equity-to-Asset compare to TAL and EDU?
Legacy Education Alliance's Equity-to-Asset of -31.38 can be compared against companies in the Education industry. The industry median Equity-to-Asset is 0.56. 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 an Education company?
The median Equity-to-Asset among Education companies is 0.56, based on 262 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. 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 Legacy Education Alliance and its competitors. For the Education industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Education Alliance's current Equity-to-Asset is -31.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Equity-to-Asset of -31.38. The current Equity-to-Asset is -31.38. 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 Legacy Education Alliance (LEAI), the current Equity-to-Asset is -31.38 as of Mar. 2024. 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.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.