GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Legacy Education Alliance Inc (OTCPK:LEAI) » Definitions » Equity-to-Asset

Legacy Education Alliance (Legacy Education Alliance) Equity-to-Asset : -28.39 (As of Sep. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Legacy Education Alliance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Legacy Education Alliance's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-26.12 Mil. Legacy Education Alliance's Total Assets for the quarter that ended in Sep. 2023 was $0.92 Mil. Therefore, Legacy Education Alliance's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -28.39.

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

LEAI' s Equity-to-Asset Range Over the Past 10 Years
Min: -29.98   Med: -2.29   Max: 0.62
Current: -28.39

During the past 11 years, the highest Equity to Asset Ratio of Legacy Education Alliance was 0.62. The lowest was -29.98. And the median was -2.29.

LEAI's Equity-to-Asset is ranked worse than
100% of 267 companies
in the Education industry
Industry Median: 0.52 vs LEAI: -28.39

Legacy Education Alliance Equity-to-Asset Historical Data

The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Equity-to-Asset Chart

Legacy Education Alliance Annual Data
Trend Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.37 -2.27 -3.73 -11.55 -26.00

Legacy Education Alliance 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 -28.86 -26.00 -27.36 -29.98 -28.39

Competitive Comparison of Legacy Education Alliance's Equity-to-Asset

For the Education & Training Services subindustry, Legacy Education Alliance'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.


Legacy Education Alliance's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Legacy Education Alliance's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Legacy Education Alliance's Equity-to-Asset falls into.



Legacy Education Alliance 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.

Legacy Education Alliance'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
=-22.882/0.88
=-26.00

Legacy Education Alliance'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
=-26.12/0.92
=-28.39

* 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.


Legacy Education Alliance  (OTCPK:LEAI) 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%.


Legacy Education Alliance Equity-to-Asset Related Terms

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


Legacy Education Alliance (Legacy Education Alliance) Business Description

Traded in Other Exchanges
N/A
Address
1490 NE Pine Island Road, Suite 5D, Cape Coral, FL, USA, 33909
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.
Executives
Barry Kostiner director C/O AMERI HOLDINGS, INC., 5000 RESEARCH COURT, SUITE 750, SUWANEE GA 30024
Michel Botbol director, officer: Chief Executive Officer 1490 N. E. PINE ISLAND RD., SUITE 5D, CAPE CORAL FL 33909
Legacy Tech Partners, Llc 10 percent owner 1 N SHERRI LANE, SPRING VALLEY NY 10977
Peter W Harper director C/O SUNTRON CORP, 2501 WEST GRANDVIEW ROAD, PHOENIX AZ 85023
Anthony C. Humpage director, 10 percent owner 1612 EAST CAPE CORAL PKWY, LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Vanessa Guzman-clark officer: Chief Financial Officer 1831 SOUTHWEST 6TH AVENUE, CAPE CORAL FL 33991
Martin Foster officer: Co-President 50 VALE ROAD, WINDSOR X0 SL4 5LA
Cary Sucoff director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Fredrick Dummar officer: Senior Vice President & NEO 1612 EAST CAPE CORAL PKWY, 1, CAPE CORAL FL 33904
Christian Baeza officer: Chief Financial Officer 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
James K Bass director, officer: Chairman of the Board 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
James E. May officer: Executive Vice President 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Iain Edwards officer: Chief Operating Officer 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904