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Leader Environmental Technologies (SGX:LS9) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is Leader Environmental Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leader Environmental Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$14.60 Mil. Leader Environmental Technologies's Total Assets for the quarter that ended in Dec. 2023 was S$47.47 Mil. Therefore, Leader Environmental Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

SGX:LS9' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.32   Max: 0.63
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Leader Environmental Technologies was 0.63. The lowest was 0.24. And the median was 0.32.

SGX:LS9's Equity-to-Asset is ranked worse than
85.83% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs SGX:LS9: 0.31

Leader Environmental Technologies Equity-to-Asset Historical Data

The historical data trend for Leader Environmental Technologies'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.

Leader Environmental Technologies Equity-to-Asset Chart

Leader Environmental Technologies 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 0.24 0.27 0.63 0.56 0.31

Leader Environmental Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.63 0.54 0.56 0.36 0.31

Competitive Comparison of Leader Environmental Technologies's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Leader Environmental Technologies'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.


Leader Environmental Technologies's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Environmental Technologies's Equity-to-Asset distribution charts can be found below:

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



Leader Environmental Technologies 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.

Leader Environmental Technologies'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
=14.595/47.47
=0.31

Leader Environmental Technologies'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
=14.595/47.47
=0.31

* 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.


Leader Environmental Technologies  (SGX:LS9) 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%.


Leader Environmental Technologies Equity-to-Asset Related Terms

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


Leader Environmental Technologies (SGX:LS9) Business Description

Traded in Other Exchanges
N/A
Address
Guang Yuan Dong Road Bo Hui Street, No. 6 Block E Unit 608, Tian He District, Guangzhou, CHN
Leader Environmental Technologies Ltd is engaged in the research and development, design, manufacturing, assembly, installation and support services of environmental protection systems, primarily for industrial waste gas and wastewater treatments. The company operates in the segments of, (i) provision of engineering solution services in respect of sludge and water treatment, (ii) AIWater (ie. artificial intelligence technology in water treatment) and sludge treatment services, (iii) manufacturing of high-performance membrane products, and (iv) others.

Leader Environmental Technologies (SGX:LS9) Headlines

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