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L E Lundbergforetagen AB (LTS:0GWB) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is L E Lundbergforetagen AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. L E Lundbergforetagen AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr107,558 Mil. L E Lundbergforetagen AB's Total Assets for the quarter that ended in Dec. 2023 was kr216,104 Mil. Therefore, L E Lundbergforetagen AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

The historical rank and industry rank for L E Lundbergforetagen AB's Equity-to-Asset or its related term are showing as below:

LTS:0GWB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.47   Max: 0.5
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of L E Lundbergforetagen AB was 0.50. The lowest was 0.43. And the median was 0.47.

LTS:0GWB's Equity-to-Asset is ranked worse than
82.88% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs LTS:0GWB: 0.50

L E Lundbergforetagen AB Equity-to-Asset Historical Data

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Equity-to-Asset Chart

L E Lundbergforetagen AB 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 0.46 0.47 0.49 0.47 0.50

L E Lundbergforetagen AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.47 0.48 0.49 0.49 0.50

Competitive Comparison of L E Lundbergforetagen AB's Equity-to-Asset

For the Asset Management subindustry, L E Lundbergforetagen AB'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.


L E Lundbergforetagen AB's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where L E Lundbergforetagen AB's Equity-to-Asset falls into.



L E Lundbergforetagen AB 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.

L E Lundbergforetagen AB'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
=107558/216104
=0.50

L E Lundbergforetagen AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=107558/216104
=0.50

* 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.


L E Lundbergforetagen AB  (LTS:0GWB) 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%.


L E Lundbergforetagen AB Equity-to-Asset Related Terms

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L E Lundbergforetagen AB (LTS:0GWB) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (LTS:0GWB) Headlines

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