LMPX (LMP Automotive Holdings) Equity-to-Asset: 0.17 (As of Sep. 2021)

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LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.09
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What is LMP Automotive Holdings Equity-to-Asset?

LMP Automotive Holdings LMPX 18 Equity-to-Asset is 0.17 as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LMP Automotive Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $35.4 Mil. LMP Automotive Holdings's Total Assets for the quarter that ended in Sep. 2021 was $214.2 Mil. Therefore, LMP Automotive Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.17.

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

LMPX's Equity-to-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

LMP Automotive Holdings  (OTCPK:LMPX) 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%.


LMP Automotive Holdings Equity-to-Asset Related Terms


LMP Automotive Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for LMP Automotive 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.

LMP Automotive Holdings Equity-to-Asset Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
0.60 0.69 0.80 0.85

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.87 0.85 0.16 0.14 0.17

LMPX vs LOTZ, JZXN, KFS: Equity-to-Asset Comparison

For the Auto & Truck Dealerships subindustry, LMP Automotive 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.


LMP Automotive Holdings Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LMP Automotive Holdings's Equity-to-Asset distribution charts can be found below:

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


LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive 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.

LMP Automotive Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=29.144/34.413
=0.85

LMP Automotive Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=35.396/214.236
=0.17

* 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 0.17 mean?
LMP Automotive Holdings (LMPX) has a Equity-to-Asset of 0.17 as of Sep. 2021. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Equity-to-Asset too high?
LMP Automotive Holdings' current Equity-to-Asset is 0.17. The Vehicles & Parts industry median Equity-to-Asset is 0.49. LMP Automotive Holdings' value of 0.17 is 65.3% below this industry median. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Equity-to-Asset compare to LOTZ and JZXN?
LMP Automotive Holdings' Equity-to-Asset of 0.17 can be compared against companies in the Vehicles & Parts industry. The industry median Equity-to-Asset is 0.49. LMP Automotive Holdings' value of 0.17 is 65.3% below this benchmark. 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 a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,331 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. LMP Automotive Holdings's current Equity-to-Asset of 0.17 is 65.3% below the industry median. 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 LMP Automotive Holdings and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LMP Automotive Holdings's current Equity-to-Asset is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Equity-to-Asset of 0.17. The current Equity-to-Asset is 0.17 and 65.3% below the Vehicles & Parts industry median of 0.49. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Equity-to-Asset is 0.17 as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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