LGL Group (LGL Group) Equity-to-Asset

: 0.93 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LGL Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $38.76 Mil. LGL Group's Total Assets for the quarter that ended in Dec. 2023 was $41.85 Mil. Therefore, LGL Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.93.

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

LGL.WS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.91 Max: 0.97
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of LGL Group was 0.97. The lowest was 0.83. And the median was 0.91.

LGL.WS's Equity-to-Asset is ranked better than
97.87% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs LGL.WS: 0.93

LGL Group Equity-to-Asset Historical Data

The historical data trend for LGL Group'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.

LGL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.89

0.92

0.91

0.97

0.93

LGL Group 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																0.97	0.97	0.93	0.92	0.93

Competitive Comparison

For the Electronic Components subindustry, LGL Group'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.

LGL Group Equity-to-Asset Distribution

For the Hardware industry and Technology sector, LGL Group's Equity-to-Asset distribution charts can be found below:

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

LGL Group 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.

LGL Group'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
	=	38.762	/	41.85
	=	0.93

LGL Group'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
	=	38.762	/	41.85
	=	0.93

LGL Group (AMEX:LGL.WS) 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%.

LGL Group Equity-to-Asset Related Terms

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

LGL Group (LGL Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LGL Group Inc (AMEX:LGL.WS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

LGL:USA 51L:Germany

Address

2525 Shader Road, Orlando, FL, USA, 32804

Website

https://www.lglgroup.com

LGL Group Inc is engaged in investment and manufacturing business activities. Its Electronic components segment is focused on the design and manufacture of engineered frequency and spectrum control products. The company's Electronic instruments segment is focused on the design and manufacture of high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. Majority of its revenue is derived from the Electronic components segment.