LUDG (Ludwig Enterprises) Debt-to-Asset : 2.13 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ludwig Enterprises Debt-to-Asset?

Ludwig Enterprises LUDG +10.00% Debt-to-Asset is 2.13 as of Mar. 2026. The stock has 4 warning signs investors should review.

Ludwig Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.70 Mil. Ludwig Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Ludwig Enterprises's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $1.27 Mil. Ludwig Enterprises's debt to asset for the quarter that ended in Mar. 2026 was 2.13.

Ludwig Enterprises  (OTCPK:LUDG) 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.

Ludwig Enterprises Debt-to-Asset Related Terms

Ludwig Enterprises Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Ludwig Enterprises's Debt-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.

Ludwig Enterprises Debt-to-Asset Chart

Ludwig Enterprises Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
2.59 12.23 9.87 10.07

Ludwig Enterprises Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.32 4.50 7.62 10.07 2.13

LUDG vs AEMD, PFSA, ALUR: Debt-to-Asset Comparison

For the Medical Devices subindustry, Ludwig Enterprises'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.

Ludwig Enterprises Debt-to-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ludwig Enterprises's Debt-to-Asset distribution charts can be found below:

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


Ludwig Enterprises Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ludwig Enterprises's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.497 + 0) / 0.248
=10.07

Ludwig Enterprises's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.699 + 0) / 1.265
=2.13

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 2.13 mean?
Ludwig Enterprises (LUDG) has a Debt-to-Asset of 2.13 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ludwig Enterprises and its competitors.
Is Ludwig Enterprises' Debt-to-Asset too high?
Ludwig Enterprises' current Debt-to-Asset is 2.13.
How does Ludwig Enterprises' Debt-to-Asset compare to AEMD and PFSA?
Ludwig Enterprises' Debt-to-Asset of 2.13 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Medical Devices & Instruments company?
A good Debt-to-Asset depends on the Medical Devices & Instruments industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ludwig Enterprises and its competitors. Ludwig Enterprises's current Debt-to-Asset is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ludwig Enterprises stock overvalued right now?
Ludwig Enterprises (LUDG) has a current Debt-to-Asset of 2.13. The current Debt-to-Asset is 2.13. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Ludwig Enterprises (LUDG), the current Debt-to-Asset is 2.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ludwig Enterprises Business Description

Address 8950 SW 74th Ct, Suite 2201-A149, Miami, FL, USA, 33156
Ludwig Enterprises Inc is an early-stage genomic technology company focused on developing screening tests for inflammation-related chronic diseases, including cancers. Its platform integrates mRNA inflammatory biomarkers, proprietary machine-learning algorithms, and at-home cheek swab collection kits designed to provide a differentiated and patient-friendly approach to cancer screening. The company's business model combines a business-to-business-to-consumer (B2B2C) approach with partnerships through CLIA-certified laboratories. It is focused on offering home collection kits directly to patients, supported by certified genetic counselors, while also enabling independent laboratories to provide the Revealia Breast test (Ludwig's key product candidate) as a Laboratory Developed Test (LDT).