Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Equity-to-Asset : 0.96 (As of Sep. 2022)

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What is Lead Edge Growth Opportunities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lead Edge Growth Opportunities's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $333.83 Mil. Lead Edge Growth Opportunities's Total Assets for the quarter that ended in Sep. 2022 was $346.97 Mil.

The historical rank and industry rank for Lead Edge Growth Opportunities's Equity-to-Asset or its related term are showing as below:

LEGAU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9 Med: 0.94 Max: 0.96
Current: 0.96

During the past 2 years, the highest Equity to Asset Ratio of Lead Edge Growth Opportunities was 0.96. The lowest was 0.90. And the median was 0.94.

LEGAU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs LEGAU: 0.96

Lead Edge Growth Opportunities Equity-to-Asset Historical Data

The historical data trend for Lead Edge Growth Opportunities'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.

Lead Edge Growth Opportunities Equity-to-Asset Chart

Lead Edge Growth Opportunities Annual Data

Trend

Dec20

Dec21

Equity-to-Asset

0.21

0.94

Lead Edge Growth Opportunities Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Equity-to-Asset	Get a 7-Day Free Trial			0.93	0.94	0.95	0.96	0.96

Competitive Comparison of Lead Edge Growth Opportunities's Equity-to-Asset

For the Shell Companies subindustry, Lead Edge Growth Opportunities'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.

Lead Edge Growth Opportunities's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lead Edge Growth Opportunities's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lead Edge Growth Opportunities's Equity-to-Asset falls into.

Lead Edge Growth Opportunities 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.

Lead Edge Growth Opportunities's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	324.207	/	346.186
	=

Lead Edge Growth Opportunities's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	333.833	/	346.965
	=

Lead Edge Growth Opportunities (NAS:LEGAU) 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%.

Lead Edge Growth Opportunities Equity-to-Asset Related Terms

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

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lead Edge Growth Opportunities Ltd (NAS:LEGAU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Spring Street, 5th Floor, New York, NY, USA, 10012

Website

Lead Edge Growth Opportunities Ltd is a blank check company.

Executives

Margaret C Whitman	director	EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Nikhil Ramesh Mehta	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Sydney Carey	director	3303 HILLVIEW AVE., PALO ALTO CA 94304
Russell Fradin	director	C/O DYNAMIC SIGNAL, 1111 BAYHILL DRIVE, SUITE 325, SAN BRUNO CA 94066
Lead Edge Spac Management, Llc	10 percent owner	96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Mitchell H. Green	director, officer: Chief Executive Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Brian Neider	officer: Chief Operating Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Nimay Mehta	director, officer: President and CFO	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Headlines

From GuruFocus

Lead Edge Growth Opportunities, Ltd will redeem its Public Shares

By Business Wire Business Wire • 03-01-2023