Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leslies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-199 Mil. Leslies's Total Assets for the quarter that ended in Dec. 2023 was $999 Mil.
Therefore, Leslies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.20.
The historical rank and industry rank for Leslies's Equity-to-Asset or its related term are showing as below:
LESL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.96 Med: -0.27 Max: -0.16
Current: -0.2
During the past 6 years, the highest Equity to Asset Ratio of Leslies was -0.16. The lowest was -1.96. And the median was -0.27.
LESL's Equity-to-Asset is ranked worse than 97.31% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs LESL: -0.20
Leslies Equity-to-Asset Historical Data
The historical data trend for Leslies'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.
Competitive Comparison of Leslies's Equity-to-Asset
For the Specialty Retail subindustry, Leslies'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.
Leslies's Equity-to-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Leslies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Leslies's Equity-to-Asset falls into.
Leslies 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.
Leslies's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Leslies (NAS:LESL) 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%.
Leslies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Leslies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers. Geographically, it operates only in the United States.
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