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Lobo EV Technologies (Lobo EV Technologies) Liabilities-to-Assets : 0.70 (As of Dec. 2023)


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What is Lobo EV Technologies Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Lobo EV Technologies's Total Liabilities for the quarter that ended in Dec. 2023 was $13.79 Mil. Lobo EV Technologies's Total Assets for the quarter that ended in Dec. 2023 was $19.67 Mil. Therefore, Lobo EV Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.70.


Lobo EV Technologies Liabilities-to-Assets Historical Data

The historical data trend for Lobo EV Technologies's Liabilities-to-Assets 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.

Lobo EV Technologies Liabilities-to-Assets Chart

Lobo EV Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.73 0.72 0.70 0.70

Lobo EV Technologies Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.72 0.63 0.70 0.69 0.70

Competitive Comparison of Lobo EV Technologies's Liabilities-to-Assets

For the Auto Manufacturers subindustry, Lobo EV Technologies's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Lobo EV Technologies's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lobo EV Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lobo EV Technologies's Liabilities-to-Assets falls into.



Lobo EV Technologies Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Lobo EV Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=13.793/19.671
=0.70

Lobo EV Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=13.793/19.671
=0.70

* 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.


Lobo EV Technologies  (NAS:LOBO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Lobo EV Technologies Liabilities-to-Assets Related Terms

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Lobo EV Technologies (Lobo EV Technologies) Business Description

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Traded in Other Exchanges
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Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines