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Lever Global (Lever Global) Equity-to-Asset : 0.58 (As of Mar. 2024)


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What is Lever Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lever Global's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $0.91 Mil. Lever Global's Total Assets for the quarter that ended in Mar. 2024 was $1.56 Mil.

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

LVER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.64   Max: 0.83
Current: 0.58

During the past 2 years, the highest Equity to Asset Ratio of Lever Global was 0.83. The lowest was 0.51. And the median was 0.64.

LVER's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.54 vs LVER: 0.58

Lever Global Equity-to-Asset Historical Data

The historical data trend for Lever Global'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.

Lever Global Equity-to-Asset Chart

Lever Global Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.82 0.64

Lever Global Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial - 0.51 0.83 0.64 0.58

Competitive Comparison of Lever Global's Equity-to-Asset

For the Software - Application subindustry, Lever Global'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.

Lever Global's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Lever Global's Equity-to-Asset distribution charts can be found below:

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


Lever Global 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.

Lever Global'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
=1.117/1.739
=

Lever Global's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=0.909/1.562
=

* 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.

Lever Global  (OTCPK:LVER) 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%.

Lever Global Equity-to-Asset Related Terms

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

Lever Global (Lever Global) Business Description

Industry
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Comparable Companies
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Traded in Other Exchanges
N/A
Address
Level 11, 9255 West Sunset Boulevard, West Hollywood, CA, USA, 90069
Website
Lever Global Corp is a fintech-driven consumer liabilities and debt management company. Its App allows the subscribers to analyze their existing student loans and recommend programs the US Department of Education offers after the initial assessment and processes enrolments into these programs. The App provides a list of qualified federal programs. The subscribers can digitally enroll in these programs by uploading or self-declaring their W-2, wage, or tax statements through the App.