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LPL Financial Holdings (MEX:LPLA) Equity-to-Asset : 0.23 (As of Sep. 2024)


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What is LPL Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LPL Financial Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was MXN54,577 Mil. LPL Financial Holdings's Total Assets for the quarter that ended in Sep. 2024 was MXN235,139 Mil. Therefore, LPL Financial Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.23.

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

MEX:LPLA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.2   Max: 0.24
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of LPL Financial Holdings was 0.24. The lowest was 0.16. And the median was 0.20.

MEX:LPLA's Equity-to-Asset is ranked worse than
73.46% of 795 companies
in the Capital Markets industry
Industry Median: 0.54 vs MEX:LPLA: 0.23

LPL Financial Holdings Equity-to-Asset Historical Data

The historical data trend for LPL Financial Holdings'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.

LPL Financial Holdings Equity-to-Asset Chart

LPL Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.21 0.23 0.20

LPL Financial Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 0.22 0.20 0.21 0.22 0.23

Competitive Comparison of LPL Financial Holdings's Equity-to-Asset

For the Capital Markets subindustry, LPL Financial Holdings'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.


LPL Financial Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LPL Financial Holdings's Equity-to-Asset falls into.



LPL Financial Holdings 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.

LPL Financial Holdings'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
=35289.105/176285.713
=0.20

LPL Financial Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=54576.609/235139.101
=0.23

* 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.


LPL Financial Holdings  (MEX:LPLA) 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%.


LPL Financial Holdings Equity-to-Asset Related Terms

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LPL Financial Holdings Business Description

Traded in Other Exchanges
Address
4707 Executive Drive, San Diego, CA, USA, 92121
LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of June 2024, the company had over 23,000 advisors on its platform managing $1.5 trillion of client assets. The company doesn't have material operations outside of the United States.