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loanDepot (loanDepot) Equity-to-Asset : 0.06 (As of Dec. 2023)


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What is loanDepot Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. loanDepot's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $353.2 Mil. loanDepot's Total Assets for the quarter that ended in Dec. 2023 was $6,151.0 Mil. Therefore, loanDepot's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

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

LDI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.09
Current: 0.06

During the past 8 years, the highest Equity to Asset Ratio of loanDepot was 0.09. The lowest was 0.04. And the median was 0.06.

LDI's Equity-to-Asset is ranked worse than
82.08% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs LDI: 0.06

loanDepot Equity-to-Asset Historical Data

The historical data trend for loanDepot'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.

loanDepot Equity-to-Asset Chart

loanDepot Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial - - 0.04 0.07 0.06

loanDepot Quarterly Data
Dec14 Jun15 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.07 0.07 0.06 0.06 0.06

Competitive Comparison of loanDepot's Equity-to-Asset

For the Mortgage Finance subindustry, loanDepot'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.


loanDepot's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, loanDepot's Equity-to-Asset distribution charts can be found below:

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



loanDepot 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.

loanDepot'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
=353.181/6151.048
=0.06

loanDepot's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=353.181/6151.048
=0.06

* 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.


loanDepot  (NYSE:LDI) 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%.


loanDepot Equity-to-Asset Related Terms

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


loanDepot (loanDepot) Business Description

Traded in Other Exchanges
Address
26642 Towne Centre Drive, Foothill Ranch, CA, USA, 92610
loanDepot Inc provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loans. It also provides online mortgage loans for refinancing and home purchases. It serves customers through distribution channels, including consumer direct centres, retail branches, wholesale centres, and consumer finance and servicing centres in the United States. It competes with commercial banks and financial institutions. The Company is subject to governmental laws and regulations.
Executives
Jeff Alexander Walsh officer: See Remarks C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Frank Martell director, officer: CEO and President 10 GASTON FARMS ROAD, GREENWICH CT 06831
Dan Binowitz officer: Managing Director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Darren Graeler officer: Chief Accounting Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
David R Hayes officer: Chief Financial Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
Patrick J Flanagan officer: Chief Financial Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
John Hoon Lee director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Steven Ozonian director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Nicole Carrillo officer: Chief Accounting Officer C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Jeffrey Michael Dergurahian officer: See Remarks C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Grassi Joseph J Iii officer: Chief Risk Officer C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Gregory Smallwood officer: Chief Legal Officer 1525 S. BELT LINE RD., COPPELL TX 75019
Anthony Li Hsieh director, 10 percent owner, officer: Chief Executive Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Linton director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610