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LLFLQ (LL Flooring Holdings) Equity-to-Asset : 0.25 (As of Mar. 2024)


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What is LL Flooring Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LL Flooring Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $129.5 Mil. LL Flooring Holdings's Total Assets for the quarter that ended in Mar. 2024 was $523.1 Mil. Therefore, LL Flooring Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.25.

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

LLFLQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.43   Max: 0.69
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of LL Flooring Holdings was 0.69. The lowest was 0.25. And the median was 0.43.

LLFLQ's Equity-to-Asset is ranked worse than
77.09% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LLFLQ: 0.25

LL Flooring Holdings Equity-to-Asset Historical Data

The historical data trend for LL Flooring Holdings'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.

LL Flooring Holdings Equity-to-Asset Chart

LL Flooring Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.34 0.45 0.42 0.29

LL Flooring Holdings 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 0.42 0.38 0.31 0.29 0.25

Competitive Comparison of LL Flooring Holdings's Equity-to-Asset

For the Home Improvement Retail subindustry, LL Flooring Holdings'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.


LL Flooring Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, LL Flooring Holdings's Equity-to-Asset distribution charts can be found below:

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



LL Flooring Holdings 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.

LL Flooring Holdings'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
=157.31/535.574
=0.29

LL Flooring Holdings'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
=129.483/523.094
=0.25

* 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.


LL Flooring Holdings  (OTCPK:LLFLQ) 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%.


LL Flooring Holdings Equity-to-Asset Related Terms

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


LL Flooring Holdings Business Description

Traded in Other Exchanges
N/A
Address
4901 Bakers Mill Lane, Richmond, VA, USA, 23230
LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives the majority of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
Executives
Robert L Madore officer: EVP and CFO C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
F Terrence Blanchard officer: Interim CFO C/O LAWSON PRODUCTS, INC., 1666 EAST TOUHY AVENUE, DES PLAINES IL 60018
Kristian B Lesher officer: SVP and CTO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Chasity D Grosh other: Chief Accounting Officer 4901 BAKERS MILL LANE, RICHMOND VA 23230
Michael E Dauberman officer: EVP, CGO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Clark Douglas S Jr officer: SVP Merch & Supply Chain 4901 BAKERS MILL LANE, RICHMOND VA 23230
Douglas T Moore director 9950 MAYLAND DR, RICHMOND VA 23233
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Charles E Tyson director, officer: President & CEO LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Ashish Parmar director 4901 BAKERS MILL LANE, RICHMOND VA 23230
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Famous P Rhodes director 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Jimmie L Wade director C/O ADVANCE AUTO PARTS, 5673 AIRPORT RD, ROANOKE VA 24012
Matt T Argano officer: Chief Human Resources Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Terri F Graham director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123