LUDG (Ludwig Enterprises) Debt-to-Equity: -0.67 (As of Mar. 2026)

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What is Ludwig Enterprises Debt-to-Equity?

Ludwig Enterprises LUDG Debt-to-Equity is -0.67 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 705 Medical Devices & Instruments companies, Ludwig Enterprises ranks worse than 141843.83% on this metric.

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 Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-4.03 Mil. Ludwig Enterprises's debt to equity for the quarter that ended in Mar. 2026 was -0.67.

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 Ludwig Enterprises's Debt-to-Equity or its related term are showing as below:

LUDG' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.62   Med: -0.81   Max: -0.53
Current: -0.67

During the past 4 years, the highest Debt-to-Equity Ratio of Ludwig Enterprises was -0.53. The lowest was -1.62. And the median was -0.81.

LUDG's Debt-to-Equity is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.23 vs LUDG: -0.67

Ludwig Enterprises  (OTCPK:LUDG) 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.


Ludwig Enterprises Debt-to-Equity Related Terms


Ludwig Enterprises Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ludwig Enterprises'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.

Ludwig Enterprises Debt-to-Equity Chart

Ludwig Enterprises Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
-1.62 -0.94 -0.82 -0.57

Ludwig Enterprises Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.77 -0.53 -0.60 -0.57 -0.67

LUDG vs TNON, POAS, XAIR: Debt-to-Equity Comparison

For the Medical Devices subindustry, Ludwig Enterprises'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.


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

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

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



Ludwig Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ludwig Enterprises's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.67 mean?
Ludwig Enterprises (LUDG) has a Debt-to-Equity of -0.67 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ludwig Enterprises and its competitors. According to the industry distribution chart, Ludwig Enterprises ranks #999999 out of 705 companies in the Medical Devices & Instruments industry.
Is Ludwig Enterprises' Debt-to-Equity too high?
Ludwig Enterprises' current Debt-to-Equity is -0.67. Based on the distribution chart, Ludwig Enterprises ranks #999999 out of 705 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Ludwig Enterprises' Debt-to-Equity compare to TNON and POAS?
According to the Medical Devices & Instruments industry distribution chart, Ludwig Enterprises ranks #999999 out of 705 companies for Debt-to-Equity. This places Ludwig Enterprises in the lower half of its industry. The industry median Debt-to-Equity is 0.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Medical Devices & Instruments company?
The median Debt-to-Equity among Medical Devices & Instruments companies is 0.23, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ludwig Enterprises and its competitors. For the Medical Devices & Instruments industry, the median Debt-to-Equity is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ludwig Enterprises's current Debt-to-Equity is -0.67. 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-Equity of -0.67. The current Debt-to-Equity is -0.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ludwig Enterprises (LUDG), the current Debt-to-Equity is -0.67 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).