USLG (US Lighting Group) Equity-to-Asset: -1.92 (As of Sep. 2024)

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USLG US Lighting Group Inc USLG
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What is US Lighting Group Equity-to-Asset?

US Lighting Group USLG 12 Equity-to-Asset is -1.92 as of Sep. 2024. GuruFocus rates USLG with a GF Score™ of 12/100.

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 Sep. 2024 was $-5.83 Mil. US Lighting Group's Total Assets for the quarter that ended in Sep. 2024 was $3.04 Mil. Therefore, US Lighting Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -1.92.

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 is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.48
* Ranked among companies with meaningful Equity-to-Asset only.

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


US Lighting Group Equity-to-Asset Historical Data

* Premium members only.

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.

US Lighting Group Equity-to-Asset Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only -5.98 -0.80 0.32 -2.12 -1.51

US Lighting Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.07 -1.51 -1.69 -1.84 -1.92

USLG vs THO, BC, HOG: Equity-to-Asset Comparison

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 Equity-to-Asset vs 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.


USLG
12GF Score
US Lighting Group Inc USLG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-4.649/3.07
=-1.51

US Lighting Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-5.832/3.043
=-1.92

* 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 Equity-to-Asset →
What does a Equity-to-Asset of -1.92 mean?
US Lighting Group (USLG) has a Equity-to-Asset of -1.92 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on US Lighting Group and its competitors.
Is US Lighting Group's Equity-to-Asset too high?
US Lighting Group's current Equity-to-Asset is -1.92. Overall, US Lighting Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does US Lighting Group's Equity-to-Asset compare to THO and BC?
US Lighting Group's Equity-to-Asset of -1.92 can be compared against companies in the Vehicles & Parts industry. The industry median Equity-to-Asset is 0.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.48, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on US Lighting Group and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Lighting Group's current Equity-to-Asset is -1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Lighting Group stock overvalued right now?
US Lighting Group (USLG) has a current Equity-to-Asset of -1.92. The current Equity-to-Asset is -1.92. US Lighting Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For US Lighting Group (USLG), the current Equity-to-Asset is -1.92 as of Sep. 2024. 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.

US Lighting Group Business Description

Address 1148 East 222nd Street, Euclid, OH, USA, 44117
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 the 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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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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