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LegacyTexas Financial Group (LegacyTexas Financial Group) Equity-to-Asset : 0.12 (As of Jun. 2019)


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What is LegacyTexas Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LegacyTexas Financial Group's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $1,142.6 Mil. LegacyTexas Financial Group's Total Assets for the quarter that ended in Jun. 2019 was $9,935.9 Mil. Therefore, LegacyTexas Financial Group's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was 0.12.

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

LTXB's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

LegacyTexas Financial Group Equity-to-Asset Historical Data

The historical data trend for LegacyTexas 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.

LegacyTexas Financial Group Equity-to-Asset Chart

LegacyTexas Financial Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.11 0.11 0.11 0.12

LegacyTexas Financial Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.11 0.11 0.12 0.12 0.12

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

For the Banks - Regional subindustry, LegacyTexas 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.


LegacyTexas Financial Group's Equity-to-Asset Distribution in the Banks Industry

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

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



LegacyTexas 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.

LegacyTexas Financial Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=1094.367/9051.142
=0.12

LegacyTexas Financial Group's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=1142.645/9935.934
=0.12

* 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.


LegacyTexas Financial Group  (NAS:LTXB) 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%.


LegacyTexas Financial Group Equity-to-Asset Related Terms

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


LegacyTexas Financial Group (LegacyTexas Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
5851 Legacy Circle, Plano, TX, USA, 75024
LegacyTexas Financial Group Inc operates through its wholly owned subsidiary, LegacyTexas Bank. The bank's business consists of collecting deposits, both from individuals and the business community, and investing those funds in commercial real estate, commercial and industrial loans, permanent loans secured by mortgages, and consumer loans. Its operating revenue is principally derived from interest earned on earning assets, including loans and investment securities, and service charges and fees on deposits and other account services. Its operational focus is commercial banking, as reflected by its majority representation in the bank's loan portfolio. The bank's primary market area is North Texas.

LegacyTexas Financial Group (LegacyTexas Financial Group) Headlines

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