GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Light & Wonder Inc (NAS:LNW) » Definitions » Equity-to-Asset

Light & Wonder (Light & Wonder) Equity-to-Asset : 0.14 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Light & Wonder Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Light & Wonder's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $765 Mil. Light & Wonder's Total Assets for the quarter that ended in Dec. 2023 was $5,552 Mil. Therefore, Light & Wonder's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

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

LNW' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.33   Med: -0.27   Max: 0.17
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Light & Wonder was 0.17. The lowest was -0.33. And the median was -0.27.

LNW's Equity-to-Asset is ranked worse than
82.54% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs LNW: 0.14

Light & Wonder Equity-to-Asset Historical Data

The historical data trend for Light & Wonder'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.

Light & Wonder Equity-to-Asset Chart

Light & Wonder 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 -0.28 -0.33 -0.29 0.17 0.14

Light & Wonder Quarterly Data
Mar19 Jun19 Sep19 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 0.17 0.17 0.18 0.16 0.14

Competitive Comparison of Light & Wonder's Equity-to-Asset

For the Gambling subindustry, Light & Wonder'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.


Light & Wonder's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Light & Wonder's Equity-to-Asset distribution charts can be found below:

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



Light & Wonder 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.

Light & Wonder'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
=765/5552
=0.14

Light & Wonder'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
=765/5552
=0.14

* 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.


Light & Wonder  (NAS:LNW) 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%.


Light & Wonder Equity-to-Asset Related Terms

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


Light & Wonder (Light & Wonder) Business Description

Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
Executives
Vanja Kalabic officer: Chief Accounting Officer LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89118
Maria T Vullo director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Antonia Korsanos director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Oliver Chow officer: Interim CFO LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Hamish Mclennan director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Jamie Odell director C/O LIGHT & WONDER, INC., 6601 BERMUDA RD, LAS VEGAS NV 89119
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Siobhan Lane officer: EVP & Grp Chief Exec of Gaming C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Stephen W Morro director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Debra Fine 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Fine Capital Advisors, Llc 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
James Constance P. officer: EVP, CFO, Treas & Corp Sec C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Ronald O Perelman director, 10 percent owner 35 EAST 62ND STREET, NEW YORK NY 10021