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LB (LandBridge Co LLC) Equity-to-Asset : -0.38 (As of Jun. 2024)


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What is LandBridge Co LLC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LandBridge Co LLC's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-267.6 Mil. LandBridge Co LLC's Total Assets for the quarter that ended in Jun. 2024 was $710.5 Mil. Therefore, LandBridge Co LLC's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -0.38.

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

LB' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.38   Med: 0.52   Max: 0.76
Current: -0.38

During the past 2 years, the highest Equity to Asset Ratio of LandBridge Co LLC was 0.76. The lowest was -0.38. And the median was 0.52.

LB's Equity-to-Asset is ranked worse than
94.25% of 1060 companies
in the Oil & Gas industry
Industry Median: 0.51 vs LB: -0.38

LandBridge Co LLC Equity-to-Asset Historical Data

The historical data trend for LandBridge Co LLC'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.

LandBridge Co LLC Equity-to-Asset Chart

LandBridge Co LLC Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.76 0.52

LandBridge Co LLC Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial - 0.52 0.52 0.10 -0.38

Competitive Comparison of LandBridge Co LLC's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, LandBridge Co LLC'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.

LandBridge Co LLC's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, LandBridge Co LLC's Equity-to-Asset distribution charts can be found below:

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


LandBridge Co LLC 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.

LandBridge Co LLC'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
=150.747/288.949
=0.52

LandBridge Co LLC's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-267.597/710.463
=-0.38

* 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.

LandBridge Co LLC  (NYSE:LB) 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%.

LandBridge Co LLC Equity-to-Asset Related Terms

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LandBridge Co LLC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LandBridge Co LLC (NYSE:LB) » Definitions » Equity-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056
Website
https://www.landbridgeco.com
LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generate revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.