GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Equity-to-Asset

Mobile Lads (Mobile Lads) Equity-to-Asset : 0.66 (As of Jul. 2016)


View and export this data going back to 2013. Start your Free Trial

What is Mobile Lads Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mobile Lads's Total Stockholders Equity for the quarter that ended in Jul. 2016 was $0.97 Mil. Mobile Lads's Total Assets for the quarter that ended in Jul. 2016 was $1.46 Mil. Therefore, Mobile Lads's Equity to Asset Ratio for the quarter that ended in Jul. 2016 was 0.66.

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

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

Mobile Lads Equity-to-Asset Historical Data

The historical data trend for Mobile Lads'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.

Mobile Lads Equity-to-Asset Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Equity-to-Asset
-0.57 - -0.95

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 -1.34 -1.88 -4.72 0.78 0.66

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

For the Consumer Electronics subindustry, Mobile Lads'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.


Mobile Lads's Equity-to-Asset Distribution in the Hardware Industry

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

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



Mobile Lads 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.

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

Equity to Asset (A: Apr. 2015 )=Total Stockholders Equity/Total Assets
=-0.139/0.146
=

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

Equity to Asset (Q: Jul. 2016 )=Total Stockholders Equity/Total Assets
=0.968/1.46
=0.66

* 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) 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%.


Mobile Lads Equity-to-Asset Related Terms

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


Mobile Lads (Mobile Lads) Business Description

Traded in Other Exchanges
N/A
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.