Equity to Asset ratio is calculated as total stockholders equity divided by total asset. US Lighting Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.65 Mil. US Lighting Group's Total Assets for the quarter that ended in Dec. 2023 was $3.07 Mil.
Therefore, US Lighting Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.51.
The historical rank and industry rank for US Lighting Group's Equity-to-Asset or its related term are showing as below:
USLG'
s Equity-to-Asset Range Over the Past 10 Years
Min: -5.98 Med: -0.99 Max: 0.32
Current: -1.51
During the past 9 years, the highest Equity to Asset Ratio of US Lighting Group was 0.32. The lowest was -5.98. And the median was -0.99.
USLG's Equity-to-Asset is ranked worse than 99.01% of 1310
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs USLG: -1.51
US Lighting Group Equity-to-Asset Historical Data
The historical data trend for US Lighting Group'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.
Competitive Comparison of US Lighting Group's Equity-to-Asset
For the Recreational Vehicles subindustry, US Lighting Group'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.
US Lighting Group's Equity-to-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where US Lighting Group's Equity-to-Asset falls into.
US Lighting Group 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.
US Lighting Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
US Lighting Group (OTCPK:USLG) 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%.
US Lighting Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of US Lighting Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
US Lighting Group (US Lighting Group) Business Description
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high end molded fiberglass campers, Futuro Houses, LLC, focused on design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
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