LC Logistics (HKSE:02490) Equity-to-Asset : 0.79 (As of Dec. 2023)

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What is LC Logistics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LC Logistics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,241 Mil. LC Logistics's Total Assets for the quarter that ended in Dec. 2023 was HK$1,581 Mil. Therefore, LC Logistics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

HKSE:02490' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.52 Max: 0.79
Current: 0.79

During the past 4 years, the highest Equity to Asset Ratio of LC Logistics was 0.79. The lowest was 0.30. And the median was 0.52.

HKSE:02490's Equity-to-Asset is ranked better than
91.53% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:02490: 0.79

LC Logistics Equity-to-Asset Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Equity-to-Asset Chart

LC Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.30

0.42

0.61

0.79

LC Logistics Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	0.30	0.42	0.61	0.79

Competitive Comparison of LC Logistics's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, LC Logistics'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.

LC Logistics's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LC Logistics's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LC Logistics's Equity-to-Asset falls into.

LC Logistics 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.

LC Logistics'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
	=	1241.32	/	1581.043
	=	0.79

LC Logistics'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
	=	1241.32	/	1581.043
	=	0.79

LC Logistics (HKSE:02490) 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%.

LC Logistics Equity-to-Asset Related Terms

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

LC Logistics (HKSE:02490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN

Website

http://www.burnasia.cn

LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.

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