Leo Holdings III (Leo Holdings III) Equity-to-Asset : 0.30 (As of Jan. 2021)

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What is Leo Holdings III Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leo Holdings III's Total Stockholders Equity for the quarter that ended in Jan. 2021 was $0.02 Mil. Leo Holdings III's Total Assets for the quarter that ended in Jan. 2021 was $0.05 Mil.

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

LIII.WS'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.

Leo Holdings III Equity-to-Asset Historical Data

The historical data trend for Leo Holdings III'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.

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Leo Holdings III Equity-to-Asset Chart

Leo Holdings III Annual Data

Trend

Equity-to-Asset

Leo Holdings III Semi-Annual Data
	Jan21
Equity-to-Asset	0.30

Competitive Comparison of Leo Holdings III's Equity-to-Asset

For the Shell Companies subindustry, Leo Holdings III'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.

Leo Holdings III's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Leo Holdings III's Equity-to-Asset falls into.

Leo Holdings III 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.

Leo Holdings III's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

Leo Holdings III's Equity to Asset Ratio for the quarter that ended in Jan. 2021 is calculated as

Equity to Asset (Q: Jan. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	0.015	/	0.05
	=

Leo Holdings III (NYSE:LIII.WS) 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%.

Leo Holdings III Equity-to-Asset Related Terms

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