Lefteris Acquisition (Lefteris Acquisition) Equity-to-Asset : 0.94 (As of Jun. 2022)

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What is Lefteris Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lefteris Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $195.45 Mil. Lefteris Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $207.56 Mil.

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

LFTR's Equity-to-Asset is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Lefteris Acquisition Equity-to-Asset Historical Data

The historical data trend for Lefteris 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.

* Premium members only.

Lefteris Acquisition Equity-to-Asset Chart

Lefteris Acquisition Annual Data

Trend

Dec20

Dec21

Equity-to-Asset

0.85

Lefteris Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Equity-to-Asset	Get a 7-Day Free Trial			0.90	0.91	0.85	0.94	0.94

Competitive Comparison of Lefteris Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Lefteris 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.

Lefteris Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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

Lefteris 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.

Lefteris Acquisition'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
	=	176.826	/	208.705
	=

Lefteris Acquisition's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	195.451	/	207.557
	=

Lefteris Acquisition (NAS:LFTR) 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%.

Lefteris Acquisition Equity-to-Asset Related Terms

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

Lefteris Acquisition (Lefteris Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lefteris Acquisition Corp (NAS:LFTR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

292 Newbury Street, Suite 293, Boston, MA, USA, 02115

Website

Lefteris Acquisition Corp is a blank check company.

Executives

Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Mark S Casady	director, 10 percent owner, officer: Chairman of the Board	C/O ONE BEACON STREET, 22ND FLOOR, BOSTON MA 02108
Jon D Isaacson	officer: Chief Financial Officer	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
Karl A Roessner	director, officer: Chief Executive Officer	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
David P. Bergers	officer: General Counsel	75 STATE STREET, 23RD FLOOR, BOSTON MA 02109
Ryan Parker	director	C/O LPL FINANCIAL HOLDINGS, INC., 75 STATE STREET, 24TH FLOOR, BOSTON MA 02109
Charles Roame	director	1735 TIBURON BOULEVARD, TIBURON CA 94920
Lefteris Holdings Llc	10 percent owner	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
April Rudin	director	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115

Lefteris Acquisition (Lefteris Acquisition) Headlines

From GuruFocus

Lefteris Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing December 15, 2020

By PRNewswire PRNewswire • 12-12-2020

Lefteris Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

Lefteris Successfully Completes its Initial Public Offering

By PRNewswire PRNewswire • 10-23-2020