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Location Based Technologies (Location Based Technologies) Debt-to-Equity : -0.99 (As of May. 2015)


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What is Location Based Technologies Debt-to-Equity?

Location Based Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2015 was $10.82 Mil. Location Based Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2015 was $1.29 Mil. Location Based Technologies's Total Stockholders Equity for the quarter that ended in May. 2015 was $-12.23 Mil. Location Based Technologies's debt to equity for the quarter that ended in May. 2015 was -0.99.

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 Location Based Technologies's Debt-to-Equity or its related term are showing as below:

LBAS's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Location Based Technologies Debt-to-Equity Historical Data

The historical data trend for Location Based Technologies'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.

Location Based Technologies Debt-to-Equity Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only -0.32 0.42 39.54 -1.09 -1.02

Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.06 -1.02 -1.06 -0.96 -0.99

Competitive Comparison of Location Based Technologies's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Location Based Technologies'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.


Location Based Technologies's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Location Based Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Location Based Technologies's Debt-to-Equity falls into.



Location Based Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Location Based Technologies's Debt to Equity Ratio for the fiscal year that ended in Aug. 2014 is calculated as

Location Based Technologies's Debt to Equity Ratio for the quarter that ended in May. 2015 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.


Location Based Technologies  (OTCPK:LBAS) 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.


Location Based Technologies Debt-to-Equity Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

Location Based Technologies (Location Based Technologies) Headlines

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