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Lifestyle Global Enterprise (ROCO:8066) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Lifestyle Global Enterprise Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lifestyle Global Enterprise's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$596 Mil. Lifestyle Global Enterprise's Total Assets for the quarter that ended in Mar. 2024 was NT$1,423 Mil. Therefore, Lifestyle Global Enterprise's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

ROCO:8066' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.53
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Lifestyle Global Enterprise was 0.53. The lowest was 0.24. And the median was 0.35.

ROCO:8066's Equity-to-Asset is ranked worse than
71.76% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs ROCO:8066: 0.42

Lifestyle Global Enterprise Equity-to-Asset Historical Data

The historical data trend for Lifestyle Global Enterprise'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.

Lifestyle Global Enterprise Equity-to-Asset Chart

Lifestyle Global Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.26 0.25 0.37 0.35

Lifestyle Global Enterprise Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.36 0.34 0.34 0.35 0.42

Competitive Comparison of Lifestyle Global Enterprise's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Lifestyle Global Enterprise'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.


Lifestyle Global Enterprise's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifestyle Global Enterprise's Equity-to-Asset distribution charts can be found below:

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



Lifestyle Global Enterprise 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.

Lifestyle Global Enterprise'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
=563.07/1590.176
=0.35

Lifestyle Global Enterprise'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
=595.593/1423.144
=0.42

* 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.


Lifestyle Global Enterprise  (ROCO:8066) 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%.


Lifestyle Global Enterprise Equity-to-Asset Related Terms

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Lifestyle Global Enterprise (ROCO:8066) Business Description

Traded in Other Exchanges
N/A
Address
No.86, Xinhu 1st Road, 3rd Floor, NeiHu District, Taipei, TWN, 114
Lifestyle Global Enterprise Inc is a Taiwan-based company engaged in the manufacturing of furniture. The company wholesales and retails furniture, bedding, kitchen utensils and decoration, as well as provides art consulting services. Its segments are Furniture merchandising, and Exhibition management. It manufactures Sofas, Bed, Sectionals, Home theater, Dining tables. The company wholesales in Europe and America.

Lifestyle Global Enterprise (ROCO:8066) Headlines

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