Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Liberty Broadband's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,003.0 Mil. Liberty Broadband's Total Assets for the quarter that ended in Dec. 2023 was $15,641.0 Mil.
Therefore, Liberty Broadband's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.
The historical rank and industry rank for Liberty Broadband's Equity-to-Asset or its related term are showing as below:
LBRDK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.85 Max: 0.88
Current: 0.58
During the past 13 years, the highest Equity to Asset Ratio of Liberty Broadband was 0.88. The lowest was 0.56. And the median was 0.85.
LBRDK's Equity-to-Asset is ranked better than 76.14% of 394
companies
in the Telecommunication Services industry
Industry Median: 0.41
vs LBRDK: 0.58
Liberty Broadband Equity-to-Asset Historical Data
The historical data trend for Liberty Broadband'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.
For the Telecom Services subindustry, Liberty Broadband'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.
Liberty Broadband Equity-to-Asset Distribution
For the Telecommunication Services industry and Communication Services sector, Liberty Broadband's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Liberty Broadband's Equity-to-Asset falls into.
Liberty Broadband 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.
Liberty Broadband's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Liberty Broadband (NAS:LBRDK) 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%.
Liberty Broadband Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Liberty Broadband's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Liberty Broadband (Liberty Broadband) Business Description
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
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