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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Equity-to-Asset : 0.55 (As of Aug. 2023)


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What is Life Electric Vehicles Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Life Electric Vehicles Holdings's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $2.09 Mil. Life Electric Vehicles Holdings's Total Assets for the quarter that ended in Aug. 2023 was $3.80 Mil. Therefore, Life Electric Vehicles Holdings's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.55.

The historical rank and industry rank for Life Electric Vehicles Holdings's Equity-to-Asset or its related term are showing as below:

LFEV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.55   Max: 0.55
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Life Electric Vehicles Holdings was 0.55. The lowest was 0.55. And the median was 0.55.

LFEV's Equity-to-Asset is ranked better than
64.43% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs LFEV: 0.55

Life Electric Vehicles Holdings Equity-to-Asset Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings Equity-to-Asset Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.53 0.51 0.34 0.35

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
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 0.33 0.32 0.26 - 0.55

Competitive Comparison of Life Electric Vehicles Holdings's Equity-to-Asset

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.


Life Electric Vehicles Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Life Electric Vehicles Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Life Electric Vehicles Holdings's Equity-to-Asset falls into.



Life Electric Vehicles Holdings 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.

Life Electric Vehicles Holdings's Equity to Asset Ratio for the fiscal year that ended in Nov. 2007 is calculated as

Equity to Asset (A: Nov. 2007 )=Total Stockholders Equity/Total Assets
=1.941/5.623
=0.35

Life Electric Vehicles Holdings's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=2.094/3.802
=0.55

* 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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%.


Life Electric Vehicles Holdings Equity-to-Asset Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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