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Leroy Seafood Group ASA (Leroy Seafood Group ASA) Equity-to-Asset : 0.44 (As of Sep. 2023)


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What is Leroy Seafood Group ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leroy Seafood Group ASA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,662 Mil. Leroy Seafood Group ASA's Total Assets for the quarter that ended in Sep. 2023 was $3,808 Mil. Therefore, Leroy Seafood Group ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.44.

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

LYSFY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.53   Max: 0.57
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Leroy Seafood Group ASA was 0.57. The lowest was 0.44. And the median was 0.53.

LYSFY's Equity-to-Asset is ranked worse than
63.21% of 1919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs LYSFY: 0.44

Leroy Seafood Group ASA Equity-to-Asset Historical Data

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Equity-to-Asset Chart

Leroy Seafood Group ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.56 0.56 0.53 0.53

Leroy Seafood Group ASA 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 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 0.53 0.53 0.54 0.46 0.44

Competitive Comparison of Leroy Seafood Group ASA's Equity-to-Asset

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.


Leroy Seafood Group ASA's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Equity-to-Asset falls into.



Leroy Seafood Group ASA 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.

Leroy Seafood Group ASA'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
=1994.789/3751.142
=0.53

Leroy Seafood Group ASA'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
=1662.416/3807.801
=0.44

* 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.


Leroy Seafood Group ASA  (OTCPK:LYSFY) 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%.


Leroy Seafood Group ASA Equity-to-Asset Related Terms

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


Leroy Seafood Group ASA (Leroy Seafood Group ASA) Business Description

Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.

Leroy Seafood Group ASA (Leroy Seafood Group ASA) Headlines

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