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Great-West Lifeco (LTS:0AH3) Equity-to-Asset

: 0.04 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great-West Lifeco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$26,836 Mil. Great-West Lifeco's Total Assets for the quarter that ended in Dec. 2023 was C$713,230 Mil. Therefore, Great-West Lifeco's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

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

LTS:0AH3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Great-West Lifeco was 0.06. The lowest was 0.04. And the median was 0.05.

LTS:0AH3's Equity-to-Asset is ranked worse than
90.45% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs LTS:0AH3: 0.04

Great-West Lifeco Equity-to-Asset Historical Data

The historical data trend for Great-West Lifeco'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.05 [6] => 0.04 [7] => 0.04 [8] => 0.04 [9] => 0.04 )
Great-West Lifeco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.04

Great-West Lifeco 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 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco Equity-to-Asset Distribution

For the Insurance industry and Financial Services sector, Great-West Lifeco's Equity-to-Asset distribution charts can be found below:

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



Great-West Lifeco 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.

Great-West Lifeco'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
=26836/713230
=0.04

Great-West Lifeco'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
=26836/713230
=0.04

* 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.


Great-West Lifeco  (LTS:0AH3) 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%.


Great-West Lifeco Equity-to-Asset Related Terms

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


Great-West Lifeco (LTS:0AH3) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.

Great-West Lifeco (LTS:0AH3) Headlines

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