LED iBond International A/S (OCSE:LEDIBOND) Equity-to-Asset : 0.33 (As of Mar. 2024)

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What is LED iBond International A/S Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LED iBond International A/S's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr9.41 Mil. LED iBond International A/S's Total Assets for the quarter that ended in Mar. 2024 was kr28.59 Mil. Therefore, LED iBond International A/S's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

The historical rank and industry rank for LED iBond International A/S's Equity-to-Asset or its related term are showing as below:

OCSE:LEDIBOND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.65 Max: 0.84
Current: 0.33

During the past 6 years, the highest Equity to Asset Ratio of LED iBond International A/S was 0.84. The lowest was 0.30. And the median was 0.65.

OCSE:LEDIBOND's Equity-to-Asset is ranked worse than
83.66% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs OCSE:LEDIBOND: 0.33

LED iBond International A/S Equity-to-Asset Historical Data

The historical data trend for LED iBond International A/S'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.

LED iBond International A/S Equity-to-Asset Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.56

0.64

0.75

0.66

0.39

LED iBond International A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.63	0.59	0.50	0.39	0.33

Competitive Comparison of LED iBond International A/S's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, LED iBond International A/S'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.

LED iBond International A/S's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LED iBond International A/S's Equity-to-Asset falls into.

LED iBond International A/S 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.

LED iBond International A/S'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
	=	13.35	/	33.945
	=	0.39

LED iBond International A/S's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	9.412	/	28.594
	=	0.33

LED iBond International A/S (OCSE:LEDIBOND) 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%.

LED iBond International A/S Equity-to-Asset Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International A/S (OCSE:LEDIBOND) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

LED iBond International A/S (OCSE:LEDIBOND) Headlines

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