GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LICT Corp (OTCPK:LICT) » Definitions » Equity-to-Asset

LICT (LICT) Equity-to-Asset : 0.68 (As of Dec. 2018)


View and export this data going back to 1999. Start your Free Trial

What is LICT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LICT's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $140.4 Mil. LICT's Total Assets for the quarter that ended in Dec. 2018 was $205.1 Mil. Therefore, LICT's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was 0.68.

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

LICT's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

LICT Equity-to-Asset Historical Data

The historical data trend for LICT'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.

LICT Equity-to-Asset Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.57 0.59 0.68 0.68

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.68 0.69 0.73 0.74 0.68

Competitive Comparison of LICT's Equity-to-Asset

For the Telecom Services subindustry, LICT'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.


LICT's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's Equity-to-Asset distribution charts can be found below:

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



LICT 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.

LICT's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=140.369/205.092
=0.68

LICT's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=140.369/205.092
=0.68

* 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.


LICT  (OTCPK:LICT) 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%.


LICT Equity-to-Asset Related Terms

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


LICT (LICT) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chief Executive Officer 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director, other: Resigned as director 5-6-04 401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno director, other: Resigned as director on2-20-04 TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership 10 percent owner

LICT (LICT) Headlines

From GuruFocus

Sidoti Virtual Investor Conference

By ACCESSWIRE ACCESSWIRE 09-23-2020

Wally Weitz's Hickory Fund 3rd-Quarter Letter

By Sydnee Gatewood 10-25-2021

Wally Weitz's Hickory Fund 3rd-Quarter Commentary

By Sydnee Gatewood Sydnee Gatewood 10-22-2019