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ContextLogic (ContextLogic) Equity-to-Asset : 0.48 (As of Mar. 2024)


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What is ContextLogic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ContextLogic's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $164.0 Mil. ContextLogic's Total Assets for the quarter that ended in Mar. 2024 was $342.0 Mil. Therefore, ContextLogic's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

LOGC' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.08   Med: 0.55   Max: 0.67
Current: 0.48

During the past 7 years, the highest Equity to Asset Ratio of ContextLogic was 0.67. The lowest was -1.08. And the median was 0.55.

LOGC's Equity-to-Asset is ranked better than
56.87% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LOGC: 0.48

ContextLogic Equity-to-Asset Historical Data

The historical data trend for ContextLogic'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.

ContextLogic Equity-to-Asset Chart

ContextLogic Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -1.05 0.43 0.64 0.60 0.51

ContextLogic Quarterly Data
Dec18 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 0.59 0.58 0.55 0.51 0.48

Competitive Comparison of ContextLogic's Equity-to-Asset

For the Internet Retail subindustry, ContextLogic'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.


ContextLogic's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ContextLogic's Equity-to-Asset distribution charts can be found below:

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



ContextLogic 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.

ContextLogic'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
=217/423
=0.51

ContextLogic'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
=164/342
=0.48

* 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.


ContextLogic  (NAS:LOGC) 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%.


ContextLogic Equity-to-Asset Related Terms

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


ContextLogic (ContextLogic) Business Description

Traded in Other Exchanges
Address
One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104
ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.
Executives
Jerry Louis officer: Chief Technology Officer ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588
Mauricio Monico officer: Chief Product Officer ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Jun Yan officer: CEO ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Ying Vivian Liu officer: CFO and COO ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Brett Just officer: SVP, Finance ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Shuyan (rachel) Wang officer: Head of Data Science ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Tarun Kumar Jain officer: Chief Product Officer ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Vijay Talwar director, officer: Chief Executive Officer 705 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104
Piotr Szulczewski director, 10 percent owner, officer: Founder, CEO, and Chairperson ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Hans Tung director 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Pai Liu officer: Vice President of Data Science ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Devang Shah officer: General Counsel and Secretary 699 8TH STREET, SAN FRANCISCO CA 94103
Hamid Reza Kassaei officer: Chief Technology Officer ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104