Luokung Technology (FRA:78IB) Debt-to-Asset : 0.01 (As of Jun. 2023)

Luokung Technology Debt-to-Asset Chart

Luokung Technology Annual Data
	Trend	Sep13	Sep14	Sep15	Sep16	Sep17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Asset		Get a 7-Day Free Trial					0.05	0.30	0.32	0.22	0.23

Luokung Technology Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.22	0.01	0.23	0.01

Competitive Comparison of Luokung Technology's Debt-to-Asset

For the Software - Application subindustry, Luokung Technology's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Luokung Technology's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Luokung Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Luokung Technology's Debt-to-Asset falls into.

Luokung Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Luokung Technology's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Luokung Technology's Debt-to-Asset for the quarter that ended in Jun. 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.

Luokung Technology  (FRA:78IB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Luokung Technology Debt-to-Asset Related Terms

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Luokung Technology (FRA:78IB) Business Description