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LifeStar Insurance (MAL:LSI) Equity-to-Asset : 0.16 (As of Jun. 2024)


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What is LifeStar Insurance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LifeStar Insurance's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €23.60 Mil. LifeStar Insurance's Total Assets for the quarter that ended in Jun. 2024 was €149.54 Mil. Therefore, LifeStar Insurance's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.16.

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

MAL:LSI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.18   Max: 0.19
Current: 0.16

During the past 4 years, the highest Equity to Asset Ratio of LifeStar Insurance was 0.19. The lowest was 0.16. And the median was 0.18.

MAL:LSI's Equity-to-Asset is ranked worse than
65.86% of 498 companies
in the Insurance industry
Industry Median: 0.25 vs MAL:LSI: 0.16

LifeStar Insurance Equity-to-Asset Historical Data

The historical data trend for LifeStar Insurance'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.

LifeStar Insurance Equity-to-Asset Chart

LifeStar Insurance Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.19 0.19 0.18 0.18

LifeStar Insurance Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.17 0.18 0.19 0.18 0.16

Competitive Comparison of LifeStar Insurance's Equity-to-Asset

For the Insurance - Life subindustry, LifeStar Insurance'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.


LifeStar Insurance's Equity-to-Asset Distribution in the Insurance Industry

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

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



LifeStar Insurance 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.

LifeStar Insurance'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
=25.826/145.199
=0.18

LifeStar Insurance's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=23.599/149.541
=0.16

* 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.


LifeStar Insurance  (MAL:LSI) 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%.


LifeStar Insurance Equity-to-Asset Related Terms

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


LifeStar Insurance Business Description

Traded in Other Exchanges
N/A
Address
Testaferrata Street, Ta’Xbiex, MLT, XBX 1403
LifeStar Insurance PLC is a provider of insurance products in Malta offering customers a comprehensive range of protection, savings and investment and retirement life insurance products. Its products are classified under Protection, Savings and Investment, Retirement, and Health products.