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Location Based Technologies (Location Based Technologies) Equity-to-Asset : -5.80 (As of May. 2015)


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What is Location Based Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Location Based Technologies's Total Stockholders Equity for the quarter that ended in May. 2015 was $-12.23 Mil. Location Based Technologies's Total Assets for the quarter that ended in May. 2015 was $2.11 Mil. Therefore, Location Based Technologies's Equity to Asset Ratio for the quarter that ended in May. 2015 was -5.80.

The historical rank and industry rank for Location Based Technologies's Equity-to-Asset or its related term are showing as below:

LBAS's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Location Based Technologies Equity-to-Asset Historical Data

The historical data trend for Location Based Technologies's Equity-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.

* Premium members only.

Location Based Technologies Equity-to-Asset Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only -3.38 0.48 0.01 -2.01 -4.29

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
Equity-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.44 -4.29 -3.96 -5.35 -5.80

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

For the Scientific & Technical Instruments subindustry, Location Based Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-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.


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

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

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



Location Based Technologies Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Aug. 2014 )=Total Stockholders Equity/Total Assets
=-9.983/2.326
=-4.29

Location Based Technologies's Equity to Asset Ratio for the quarter that ended in May. 2015 is calculated as

Equity to Asset (Q: May. 2015 )=Total Stockholders Equity/Total Assets
=-12.226/2.107
=-5.80

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Location Based Technologies Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Location Based Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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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