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


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What is Mobile Lads Debt-to-Equity?

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: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Mobile Lads Debt-to-Equity Historical Data

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.

* Premium members only.

Mobile Lads Debt-to-Equity Chart

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

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 - - -0.30 0.01 0.01

Competitive Comparison of Mobile Lads's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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.

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

Thank you for viewing the detailed overview of Mobile Lads's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Debt-to-Equity
Comparable Companies
WAR:MMS ASX:XTD TSXV:MBO XCNQ:ADX ASX:PPL XSAT:MPLUS XPAR:ALACT WAR:SAR NSE:TOUCHWOOD IST:SAYAS FRA:DCIK WAR:BIT XPAR:ALTBG DLOC TSXV:BTV KNIT HKSE:08091 SSE:2172 SSE:3977 TSXV:ITM.H
Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
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.