Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LBC Express Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱1,946 Mil. LBC Express Holdings's Total Assets for the quarter that ended in Dec. 2023 was ₱15,375 Mil.
Therefore, LBC Express Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.
The historical rank and industry rank for LBC Express Holdings's Equity-to-Asset or its related term are showing as below:
PHS:LBC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 0.37
Current: 0.13
During the past 13 years, the highest Equity to Asset Ratio of LBC Express Holdings was 0.37. The lowest was 0.11. And the median was 0.24.
PHS:LBC's Equity-to-Asset is ranked worse than 90.4% of 979
companies
in the Transportation industry
Industry Median: 0.49
vs PHS:LBC: 0.13
LBC Express Holdings Equity-to-Asset Historical Data
The historical data trend for LBC Express 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.
Competitive Comparison of LBC Express Holdings's Equity-to-Asset
For the Integrated Freight & Logistics subindustry, LBC Express 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.
LBC Express Holdings's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, LBC Express Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where LBC Express Holdings's Equity-to-Asset falls into.
LBC Express 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.
LBC Express Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
LBC Express Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of LBC Express Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
LBC Express Holdings (PHS:LBC) Business Description
LBC Express Holdings is a Philippines-based holding company engaged in providing logistics and money transfer services. Through the logistics services, the company serves two customer segments, retail customers, and corporate customers. It provides services such as courier, air cargo forwarding, and balikbayan box services to retail customers. To corporate customers, it offers courier and freight forwarding services, corporate solutions, and tailor-made corporate logistics services. In the money transfer services segment, the company comprises both domestic and international money transfer services such as remittances, bill payment collection, and corporate remittance payout services. The firm operates in the Philippines and globally, and generates key revenue from the Logistics segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PHS:LBC has been successfully added to your 