GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Li Auto Inc (NAS:LI) » Definitions » Equity-to-Asset

Li Auto (Li Auto) Equity-to-Asset : 0.42 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Li Auto Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Li Auto's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,423 Mil. Li Auto's Total Assets for the quarter that ended in Dec. 2023 was $20,093 Mil. Therefore, Li Auto's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

LI' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.6   Med: 0.47   Max: 0.82
Current: 0.42

During the past 6 years, the highest Equity to Asset Ratio of Li Auto was 0.82. The lowest was -0.60. And the median was 0.47.

LI's Equity-to-Asset is ranked worse than
58.29% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs LI: 0.42

Li Auto Equity-to-Asset Historical Data

The historical data trend for Li Auto'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.

Li Auto Equity-to-Asset Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.60 0.82 0.66 0.52 0.42

Li Auto Quarterly Data
Dec18 Mar19 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 0.52 0.49 0.47 0.45 0.42

Competitive Comparison of Li Auto's Equity-to-Asset

For the Auto Manufacturers subindustry, Li Auto'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.


Li Auto's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Li Auto's Equity-to-Asset distribution charts can be found below:

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



Li Auto 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.

Li Auto'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
=8423.101/20092.921
=0.42

Li Auto'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
=8423.101/20092.921
=0.42

* 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.


Li Auto  (NAS:LI) 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%.


Li Auto Equity-to-Asset Related Terms

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


Li Auto (Li Auto) Business Description

Address
11 Wenliang Street, Shunyi District, Beijing, CHN, 101399
Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.

Li Auto (Li Auto) Headlines

From GuruFocus

Li Auto Inc. April 2023 Delivery Update

By sperokesalga sperokesalga 05-01-2023

Li Auto Inc. Hosts Family Tech Day

By GlobeNewswire GlobeNewswire 06-17-2023

Li Auto Inc. September 2023 Delivery Update

By GlobeNewswire 10-01-2023

Li Auto Inc. December 2023 Delivery Update

By GlobeNewswire 01-01-2024

2 EV Stocks Gaining Momentum This Year

By Muslim Farooque 07-26-2023

Li Auto Inc. August 2023 Delivery Update

By Marketwired 09-01-2023

Li Auto Inc. June 2023 Delivery Update

By Marketwired 07-01-2023

Li Auto Inc. Files Its Annual Report on Form 20-F

By sperokesalga sperokesalga 04-21-2023