Lianluo Smart (Lianluo Smart) Debt-to-Equity : 0.63 (As of Dec. 2020)

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What is Lianluo Smart Debt-to-Equity?

Lianluo Smart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $1.78 Mil. Lianluo Smart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.00 Mil. Lianluo Smart's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $2.81 Mil. Lianluo Smart's debt to equity for the quarter that ended in Dec. 2020 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lianluo Smart's Debt-to-Equity or its related term are showing as below:

LLIT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.94 Med: 0.14 Max: 0.63
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Lianluo Smart was 0.63. The lowest was -0.94. And the median was 0.14.

LLIT's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.21 vs LLIT: 0.63

Lianluo Smart Debt-to-Equity Historical Data

The historical data trend for Lianluo Smart's Debt-to-Equity 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.

Lianluo Smart Debt-to-Equity Chart

Lianluo Smart Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.14

-0.94

0.63

Lianluo Smart Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Debt-to-Equity	Get a 7-Day Free Trial															-	-3.14	-0.94	0.48	0.63

Competitive Comparison of Lianluo Smart's Debt-to-Equity

For the Medical Devices subindustry, Lianluo Smart'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.

Lianluo Smart's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lianluo Smart's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lianluo Smart's Debt-to-Equity falls into.

Lianluo Smart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lianluo Smart's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.784	+	0)	/	2.812
	=	0.63

Lianluo Smart's Debt to Equity Ratio for the quarter that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.784	+	0)	/	2.812
	=	0.63

Lianluo Smart (NAS:LLIT) 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.

Lianluo Smart Debt-to-Equity Related Terms

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Lianluo Smart (Lianluo Smart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lianluo Smart Ltd (NAS:LLIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Baifuquan Roa, Room 611, 6th Floor, BeiKong Technology Building, Changping District, Beijing, CHN, 102200

Website

http://www.lianluosmart.com

Lianluo Smart Ltd design, develop and market medical products and medical components. The company focuses on the business sectors of; Medical Equipment and the provision of Obstructive Sleep Apnea Syndrome (OSAS) diagnostic services. Its products include wearable sleep respiratory devices, medical devices for cardiopulmonary resuscitation, DHR998 Plus, and others. The company sells its products to distributors, hospitals and physical examination centers, and others. All of its revenue is generated from China.