MOBO (Mobile Lads) Debt-to-Equity: 0.01 (As of Jul. 2016)

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What is Mobile Lads Debt-to-Equity?

Mobile Lads MOBO Debt-to-Equity is 0.01 as of Jul. 2016.

Mobile Lads's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2016 was $0.01 Mil. Mobile Lads's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2016 was $0.00 Mil. Mobile Lads's Total Stockholders Equity for the quarter that ended in Jul. 2016 was $0.97 Mil. Mobile Lads's debt to equity for the quarter that ended in Jul. 2016 was 0.01.

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 Mobile Lads's Debt-to-Equity or its related term are showing as below:

MOBO's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Mobile Lads  (OTCPK:MOBO) 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.

Mobile Lads Debt-to-Equity Related Terms

Mobile Lads Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mobile Lads'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.

Mobile Lads Debt-to-Equity Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Debt-to-Equity
0.00 N/A 0.00

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.00 0.00 -0.30 0.01 0.01

MOBO vs DLOC, KNIT: Debt-to-Equity Comparison

For the Consumer Electronics subindustry, Mobile Lads'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.

Mobile Lads Debt-to-Equity vs Hardware Industry

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

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


Mobile Lads Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mobile Lads's Debt to Equity Ratio for the fiscal year that ended in Apr. 2015 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / -0.139
=0.00

Mobile Lads's Debt to Equity Ratio for the quarter that ended in Jul. 2016 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.009 + 0) / 0.968
=0.01

* 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 0.01 mean?
Mobile Lads (MOBO) has a Debt-to-Equity of 0.01 as of Jul. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mobile Lads and its competitors.
Is Mobile Lads' Debt-to-Equity too high?
Mobile Lads' current Debt-to-Equity is 0.01. The Hardware industry median Debt-to-Equity is 0.28. Mobile Lads' value of 0.01 is 96.4% below this industry median.
How does Mobile Lads' Debt-to-Equity compare to DLOC and KNIT?
Mobile Lads' Debt-to-Equity of 0.01 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.28. Mobile Lads' value of 0.01 is 96.4% below this benchmark. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,228 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. Mobile Lads's current Debt-to-Equity of 0.01 is 96.4% below the industry median. 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 Mobile Lads and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobile Lads's current Debt-to-Equity is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01 and 96.4% below the Hardware industry median of 0.28. 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 Mobile Lads (MOBO), the current Debt-to-Equity is 0.01 as of Jul. 2016. 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.

Mobile Lads Business Description

Address 2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.