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Lotus Technology (Lotus Technology) Equity-to-Asset : -0.76 (As of Dec. 2023)


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What is Lotus Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lotus Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1,205.3 Mil. Lotus Technology's Total Assets for the quarter that ended in Dec. 2023 was $1,584.7 Mil.

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

LOT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.76   Med: -0.33   Max: 0.15
Current: -0.76

During the past 3 years, the highest Equity to Asset Ratio of Lotus Technology was 0.15. The lowest was -0.76. And the median was -0.33.

LOT's Equity-to-Asset is ranked worse than
98.48% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs LOT: -0.76

Lotus Technology Equity-to-Asset Historical Data

The historical data trend for Lotus 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.

Lotus Technology Equity-to-Asset Chart

Lotus Technology Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.15 -0.33 -0.76

Lotus Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.15 - -0.33 -0.48 -0.76

Competitive Comparison of Lotus Technology's Equity-to-Asset

For the Auto Manufacturers subindustry, Lotus 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.


Lotus Technology's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



Lotus 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.

Lotus Technology'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
=-1205.298/1584.678
=-0.76

Lotus Technology'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
=-1205.298/1584.678
=

* 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.


Lotus Technology  (NAS:LOT) 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%.


Lotus Technology Equity-to-Asset Related Terms

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


Lotus Technology (Lotus Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
No. 800 Century Avenue, Pudong District, Shanghai, CHN, 200120
Lotus Technology Inc is a battery electric vehicle (BEV) maker that designs, develops, and sells BEV lifestyle vehicles under the Lotus brand. The Group is also a distributor that sells luxury sports cars under the Lotus brand.

Lotus Technology (Lotus Technology) Headlines

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