Lobo EV Technologies (Lobo EV Technologies) Equity-to-Asset : 0.29 (As of Dec. 2023)

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What is Lobo EV Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lobo EV Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.65 Mil. Lobo EV Technologies's Total Assets for the quarter that ended in Dec. 2023 was $19.67 Mil.

The historical rank and industry rank for Lobo EV Technologies's Equity-to-Asset or its related term are showing as below:

LOBO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.27 Max: 0.29
Current: 0.29

During the past 4 years, the highest Equity to Asset Ratio of Lobo EV Technologies was 0.29. The lowest was 0.25. And the median was 0.27.

LOBO's Equity-to-Asset is ranked worse than
77.97% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs LOBO: 0.29

Lobo EV Technologies Equity-to-Asset Historical Data

The historical data trend for Lobo EV Technologies'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.

Lobo EV Technologies Equity-to-Asset Chart

Lobo EV Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.25

0.26

0.29

Lobo EV Technologies Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.26	0.35	0.29	0.30	0.29

Competitive Comparison of Lobo EV Technologies's Equity-to-Asset

For the Auto Manufacturers subindustry, Lobo EV Technologies'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.

Lobo EV Technologies's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lobo EV Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lobo EV Technologies's Equity-to-Asset falls into.

Lobo EV Technologies 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.

Lobo EV Technologies'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
	=	5.654	/	19.671
	=	0.29

Lobo EV Technologies'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
	=	5.654	/	19.671
	=

Lobo EV Technologies (NAS:LOBO) 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%.

Lobo EV Technologies Equity-to-Asset Related Terms

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

Lobo EV Technologies (Lobo EV Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.loboebike.com

Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

From GuruFocus

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