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Lithium & Boron Technology (Lithium & Boron Technology) Equity-to-Asset : -0.53 (As of Jun. 2022)


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What is Lithium & Boron Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lithium & Boron Technology's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $-2.44 Mil. Lithium & Boron Technology's Total Assets for the quarter that ended in Jun. 2022 was $4.57 Mil. Therefore, Lithium & Boron Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was -0.53.

The historical rank and industry rank for Lithium & Boron Technology's Equity-to-Asset or its related term are showing as below:

LBTI's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Lithium & Boron Technology Equity-to-Asset Historical Data

The historical data trend for Lithium & Boron Technology'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.

Lithium & Boron Technology Equity-to-Asset Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.56 -0.78 0.38 0.30 -0.43

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.26 -0.17 -0.43 -0.49 -0.53

Competitive Comparison of Lithium & Boron Technology's Equity-to-Asset

For the Chemicals subindustry, Lithium & Boron Technology'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.


Lithium & Boron Technology's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lithium & Boron Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lithium & Boron Technology's Equity-to-Asset falls into.



Lithium & Boron Technology 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.

Lithium & Boron Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-1.978/4.643
=-0.43

Lithium & Boron Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=-2.442/4.573
=-0.53

* 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.


Lithium & Boron Technology  (OTCPK:LBTI) 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%.


Lithium & Boron Technology Equity-to-Asset Related Terms

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


Lithium & Boron Technology (Lithium & Boron Technology) Business Description

Traded in Other Exchanges
N/A
Address
60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company through its holding manufactures and sells boric acid and related compounds for industrial and consumer use. It offers boric acid manufacturing facilities to produce lithium carbonate for the rapidly growing electric vehicle battery market in China.
Executives
Jimin Zhang 10 percent owner 33 DENG SHI DOU STREET, BEJING F4 100006
Ginko International Investment Co., Ltd 10 percent owner WICKHAMS CAY II, ROAD TOWN, TORTOLA D8 VG1110
Jian Zhang 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Mao Zhang director, 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Huajun Ai officer: Corporate Secretary C/O SMARTHEAT, A-1,10, STREET 7, SHENYANG F4 110027
Northtech Holdings Inc. 10 percent owner MILL MALL 6 WICKHAMS CAY1, P. O. BOX 3085 ROAD TOWN, TORTOLA D8 VG1110
Kenneth E. Scipta director 4045 CENTER POINTE PLACE, SARASOTA FL 34233
Michael Wilhelm officer: Chief Financial Officer 6529 N. OSHKOSH AVENUE, CHICAGO IL 60631
Oliver Bialowons director, officer: President SCHREIBERSTR 38, STUTTGART 2M 70199
Qingtai Kong director A-1,10,STREET 7,SHENYANG ECON&TECH ZONE, C/O SMARTHEAT INC., SHENYANG F4 110141
Xudong Wang officer: VP of Strategy and Development C/O SMARTHEAT INC, A-1 TO ST 7 SHENYANG ECO & TECH DEV ZONE, SHENYANG F4 110027
Xin Li director C/O SMARTHEAT INC, A-1 10 STREET 7, SHENYANG F4 110027
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003
Fredric W Rittereiser director C/O UTTC 1900 MARKET ST, STE 701, PHILADELPHIA PA 19103
Wenbin Lin director C/O SMARTHEAT,A-1,10, STREET 7, SHENYANG ECON & TECH DEV. ZONE, SHENYANG F4 110027

Lithium & Boron Technology (Lithium & Boron Technology) Headlines