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Linea Directa Aseguradora (XMAD:LDA) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is Linea Directa Aseguradora Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Linea Directa Aseguradora's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €313.0 Mil. Linea Directa Aseguradora's Total Assets for the quarter that ended in Dec. 2023 was €1,125.3 Mil. Therefore, Linea Directa Aseguradora's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

XMAD:LDA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.28   Max: 0.33
Current: 0.28

During the past 4 years, the highest Equity to Asset Ratio of Linea Directa Aseguradora was 0.33. The lowest was 0.24. And the median was 0.28.

XMAD:LDA's Equity-to-Asset is ranked better than
58.54% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs XMAD:LDA: 0.28

Linea Directa Aseguradora Equity-to-Asset Historical Data

The historical data trend for Linea Directa Aseguradora'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.

Linea Directa Aseguradora Equity-to-Asset Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.33 0.28 0.24 0.28

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.28 0.26 0.24 0.28 0.28

Competitive Comparison of Linea Directa Aseguradora's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Linea Directa Aseguradora'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.


Linea Directa Aseguradora's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Linea Directa Aseguradora's Equity-to-Asset distribution charts can be found below:

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



Linea Directa Aseguradora 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.

Linea Directa Aseguradora'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
=313.035/1125.322
=0.28

Linea Directa Aseguradora'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
=313.035/1125.322
=0.28

* 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.


Linea Directa Aseguradora  (XMAD:LDA) 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%.


Linea Directa Aseguradora Equity-to-Asset Related Terms

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


Linea Directa Aseguradora (XMAD:LDA) Business Description

Traded in Other Exchanges
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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