Light Media Holdings (Light Media Holdings) Equity-to-Asset : 0.22 (As of Dec. 2021)

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What is Light Media Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Light Media Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $0.08 Mil. Light Media Holdings's Total Assets for the quarter that ended in Dec. 2021 was $0.35 Mil. Therefore, Light Media Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was 0.22.

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

LGMH's Equity-to-Asset is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

Light Media Holdings Equity-to-Asset Historical Data

The historical data trend for Light Media Holdings'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.

Light Media Holdings Equity-to-Asset Chart

Light Media Holdings Annual Data

Trend

Dec21

Equity-to-Asset

0.22

Light Media Holdings Semi-Annual Data
	Dec21
Equity-to-Asset	0.22

Competitive Comparison of Light Media Holdings's Equity-to-Asset

For the Entertainment subindustry, Light Media Holdings'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.

Light Media Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Light Media Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Light Media Holdings's Equity-to-Asset falls into.

Light Media Holdings 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.

Light Media Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	0.078	/	0.35
	=	0.22

Light Media Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	0.078	/	0.35
	=	0.22

Light Media Holdings (OTCPK:LGMH) 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%.

Light Media Holdings Equity-to-Asset Related Terms

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

Light Media Holdings (Light Media Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

2365 Wall Street, Conyers, GA, USA, 30013

Website

https://www.lightmedianetwork.com

Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

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