Brompton Lifeco Split (TSX:LCS) Equity-to-Asset : 0.40 (As of Dec. 2023)

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What is Brompton Lifeco Split Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Brompton Lifeco Split's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$55.70 Mil. Brompton Lifeco Split's Total Assets for the quarter that ended in Dec. 2023 was C$138.86 Mil. Therefore, Brompton Lifeco Split's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

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

TSX:LCS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.38 Max: 0.41
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Brompton Lifeco Split was 0.41. The lowest was 0.21. And the median was 0.38.

TSX:LCS's Equity-to-Asset is ranked worse than
87.26% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:LCS: 0.40

Brompton Lifeco Split Equity-to-Asset Historical Data

The historical data trend for Brompton Lifeco Split'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.

Brompton Lifeco Split Equity-to-Asset Chart

Brompton Lifeco Split Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.39

0.29

0.38

0.32

0.40

Brompton Lifeco Split Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.38	0.26	0.32	0.38	0.40

Competitive Comparison of Brompton Lifeco Split's Equity-to-Asset

For the Asset Management subindustry, Brompton Lifeco Split'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.

Brompton Lifeco Split's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brompton Lifeco Split's Equity-to-Asset distribution charts can be found below:

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

Brompton Lifeco Split 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.

Brompton Lifeco Split'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
	=	55.701	/	138.86
	=	0.40

Brompton Lifeco Split'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
	=	55.701	/	138.86
	=	0.40

Brompton Lifeco Split (TSX:LCS) 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%.

Brompton Lifeco Split Equity-to-Asset Related Terms

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

Brompton Lifeco Split (TSX:LCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Lifeco Split Corp (TSX:LCS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

LCS.PR.A.PFD:Canada

Address

181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of major publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted to be $0.075 per share and the opportunity for growth in Net Asset Value per share.

Brompton Lifeco Split (TSX:LCS) Headlines

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