Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lennar's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $27,413 Mil. Lennar's Total Assets for the quarter that ended in Aug. 2024 was $39,741 Mil.
Therefore, Lennar's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.69.
The historical rank and industry rank for Lennar's Equity-to-Asset or its related term are showing as below:
LEN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.53 Max: 0.7
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of Lennar was 0.70. The lowest was 0.37. And the median was 0.53.
LEN's Equity-to-Asset is ranked better than 80.61% of 98
companies
in the Homebuilding & Construction industry
Industry Median: 0.5
vs LEN: 0.69
Lennar Equity-to-Asset Historical Data
The historical data trend for Lennar'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.
Competitive Comparison of Lennar's Equity-to-Asset
For the Residential Construction subindustry, Lennar'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.
Lennar's Equity-to-Asset Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lennar's Equity-to-Asset falls into.
Lennar 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.
Lennar's Equity to Asset Ratio for the fiscal year that ended in Nov. 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.
Lennar (NYSE:LEN) 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%.
Lennar Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Lennar's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups.
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