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Liberty Financial Group (ASX:LFG) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Liberty Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Liberty Financial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,172 Mil. Liberty Financial Group's Total Assets for the quarter that ended in Dec. 2023 was A$15,747 Mil.

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

ASX:LFG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.08
Current: 0.07

During the past 4 years, the highest Equity to Asset Ratio of Liberty Financial Group was 0.08. The lowest was 0.07. And the median was 0.08.

ASX:LFG's Equity-to-Asset is ranked worse than
90.61% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs ASX:LFG: 0.07

Liberty Financial Group Equity-to-Asset Historical Data

The historical data trend for Liberty Financial 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.

Liberty Financial Group Equity-to-Asset Chart

Liberty Financial Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.08 0.08 0.08 0.08

Liberty Financial Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.08 0.08 0.08 0.08 0.07

Competitive Comparison of Liberty Financial Group's Equity-to-Asset

For the Credit Services subindustry, Liberty Financial 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.


Liberty Financial Group's Equity-to-Asset Distribution in the Credit Services Industry

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

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



Liberty Financial 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.

Liberty Financial Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1172.568/15692.411
=0.07

Liberty Financial 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
=1171.926/15747.039
=

* 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.


Liberty Financial Group  (ASX:LFG) 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%.


Liberty Financial Group Equity-to-Asset Related Terms

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


Liberty Financial Group (ASX:LFG) Business Description

Traded in Other Exchanges
N/A
Address
535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
Liberty Financial Group Ltd is a financial services company. The company provides home loans, business loans, motor vehicle finance, personal loans, and residential and commercial mortgages. Its segments include Residential Finance, Secured Finance, Financial Services and Corporate. It generates maximum revenue from Residential Finance.