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LY (SGX:1H8) Equity-to-Asset : 0.76 (As of Dec. 2024)


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What is LY Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LY's Total Stockholders Equity for the quarter that ended in Dec. 2024 was S$64.19 Mil. LY's Total Assets for the quarter that ended in Dec. 2024 was S$84.33 Mil. Therefore, LY's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.76.

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

SGX:1H8' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.73   Max: 0.84
Current: 0.76

During the past 11 years, the highest Equity to Asset Ratio of LY was 0.84. The lowest was 0.64. And the median was 0.73.

SGX:1H8's Equity-to-Asset is ranked better than
83.11% of 438 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs SGX:1H8: 0.76

LY Equity-to-Asset Historical Data

The historical data trend for LY'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.

LY Equity-to-Asset Chart

LY Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.64 0.69 0.73 0.76

LY Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.69 0.70 0.73 0.78 0.76

Competitive Comparison of LY's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, LY'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.


LY's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, LY's Equity-to-Asset distribution charts can be found below:

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


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LY 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.

LY's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=64.189/84.333
=0.76

LY's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=64.189/84.333
=0.76

* 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.


LY  (SGX:1H8) 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%.


LY Equity-to-Asset Related Terms

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


LY Business Description

Traded in Other Exchanges
N/A
Address
9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
LY Corp Ltd is engaged in the design, manufacture, and sale of all kinds of furniture. The company offers different types of furniture for household, outdoor, and office and consists of various sizes, nightstands, dresser, drawer chest, media chest, wardrobe, and vanity and television armoire. Its business segments are; Manufacturing all kinds of furniture which generates key revenue, and Manufacturing any type of woodwork or building product. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Hong Kong, Malaysia, Japan, United Arab Emirates, the Republic of China, and other markets.

LY Headlines

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