GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Longduoduo Co Ltd (OTCPK:LDDD) » Definitions » Equity-to-Asset

Longduoduo Co (Longduoduo Co) Equity-to-Asset : -0.03 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Longduoduo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Longduoduo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.10 Mil. Longduoduo Co's Total Assets for the quarter that ended in Dec. 2023 was $3.09 Mil. Therefore, Longduoduo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.03.

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

LDDD' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.26   Med: -1.09   Max: -0.03
Current: -0.03

During the past 3 years, the highest Equity to Asset Ratio of Longduoduo Co was -0.03. The lowest was -4.26. And the median was -1.09.

LDDD's Equity-to-Asset is ranked worse than
88.61% of 237 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.58 vs LDDD: -0.03

Longduoduo Co Equity-to-Asset Historical Data

The historical data trend for Longduoduo Co'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.

Longduoduo Co Equity-to-Asset Chart

Longduoduo Co Annual Data
Trend Jun21 Jun22 Jun23
Equity-to-Asset
-0.65 -1.52 -0.37

Longduoduo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.26 -1.92 -0.37 -0.20 -0.03

Competitive Comparison of Longduoduo Co's Equity-to-Asset

For the Diagnostics & Research subindustry, Longduoduo Co'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.


Longduoduo Co's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Longduoduo Co's Equity-to-Asset distribution charts can be found below:

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



Longduoduo Co 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.

Longduoduo Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-0.542/1.483
=-0.37

Longduoduo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.103/3.085
=-0.03

* 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.


Longduoduo Co  (OTCPK:LDDD) 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%.


Longduoduo Co Equity-to-Asset Related Terms

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


Longduoduo Co (Longduoduo Co) Business Description

Traded in Other Exchanges
N/A
Address
Ordos Street, 419, Floor 4, Comprehensive Building, Second Light Hospital, Yuquan District, Inner Mongolia, Hohhot, CHN, 010000
Longduoduo Co Ltd through its operating subsidiaries engaged in the business of providing preventive healthcare solutions. It provides a wide range of comprehensive preventive healthcare services including disease screening, healthcare treatments, healthcare products, and other services. The company mainly focuses on the prevention of myocardial infarction, cerebral infarction, hemiplegia, and cardiovascular and cerebrovascular diseases. The company's revenues are generated from its customers in the People's Republic of China.

Longduoduo Co (Longduoduo Co) Headlines

No Headlines