Lakeshore Acquisition II (Lakeshore Acquisition II) Debt-to-Equity : 0.03 (As of Sep. 2023)

Lakeshore Acquisition II Debt-to-Equity Chart

Lakeshore Acquisition II Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	0.01	0.02	0.03

Competitive Comparison of Lakeshore Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, Lakeshore Acquisition II's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Lakeshore Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lakeshore Acquisition II's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lakeshore Acquisition II's Debt-to-Equity falls into.

Lakeshore Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lakeshore Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Lakeshore Acquisition II's Debt to Equity Ratio for the quarter that ended in Sep. 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.

Lakeshore Acquisition II  (NAS:LBBB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Lakeshore Acquisition II Debt-to-Equity Related Terms

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Lakeshore Acquisition II (Lakeshore Acquisition II) Business Description