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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Equity-to-Asset

: 0.49 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Loma Negra Cia Industria Argentina's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $584.9 Mil. Loma Negra Cia Industria Argentina's Total Assets for the quarter that ended in Sep. 2023 was $1,202.3 Mil. Therefore, Loma Negra Cia Industria Argentina's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.49.

The historical rank and industry rank for Loma Negra Cia Industria Argentina's Equity-to-Asset or its related term are showing as below:

LOMA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.47   Max: 0.72
Current: 0.49

During the past 9 years, the highest Equity to Asset Ratio of Loma Negra Cia Industria Argentina was 0.72. The lowest was 0.08. And the median was 0.47.

LOMA's Equity-to-Asset is ranked worse than
57.07% of 389 companies
in the Building Materials industry
Industry Median: 0.53 vs LOMA: 0.49

Loma Negra Cia Industria Argentina Equity-to-Asset Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.49 0.64 0.69 0.57

Loma Negra Cia Industria Argentina Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.57 0.57 0.56 0.46 0.49

Competitive Comparison

For the Building Materials subindustry, Loma Negra Cia Industria Argentina'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.


Loma Negra Cia Industria Argentina Equity-to-Asset Distribution

For the Building Materials industry and Basic Materials sector, Loma Negra Cia Industria Argentina's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Loma Negra Cia Industria Argentina's Equity-to-Asset falls into.



Loma Negra Cia Industria Argentina 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.

Loma Negra Cia Industria Argentina's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=690.441/1210.22
=0.57

Loma Negra Cia Industria Argentina's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=584.949/1202.263
=0.49

* 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.


Loma Negra Cia Industria Argentina  (NYSE:LOMA) 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%.


Loma Negra Cia Industria Argentina Equity-to-Asset Related Terms

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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Traded in Other Exchanges
Address
Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG
Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.

Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Headlines

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