Luokung Technology Stock

Luokung Technology Debt 2024

Luokung Technology Debt

50.1 USD

Ticker

LKCO

ISIN

VGG569811067

WKN

A2N5K7

In 2024, Luokung Technology's total debt was 50.1 USD, a -476.69% change from the -13.3 USD total debt recorded in the previous year.

Luokung Technology Aktienanalyse

What does Luokung Technology do?

Luokung Technology Corp is a Chinese company specialized in the development of Geographic Information Systems (GIS). It was originally founded in 2010 as Luokung Technology Corp Limited and converted into a joint stock company in 2014. The company went public in 2019 and is listed on the NASDAQ (LKCO). Its headquarters are in Beijing, with branches in Shanghai, Guangzhou, and Shenzhen. The business model of Luokung Technology Corp is based on the development and marketing of platforms and services based on GIS technologies. It serves three main business sectors: providing mapping and navigation services, developing Smart City platforms, and creating solutions for autonomous vehicles. In the field of mapping and navigation services, the company offers its own mobile application called "Luokung Map". This app provides a variety of maps, ranging from complete maps to detailed street and satellite maps. The application includes features such as route planning, navigation, and real-time traffic information. Developing Smart City platforms is another important business sector for Luokung Technology. These platforms offer solutions for various applications such as smart parking, intelligent lighting, and traffic management. The company has also partnered with China Mobile to enable the integration of 5G technology into Smart City platforms. The third business sector of Luokung Technology is the development of solutions for autonomous vehicles. It offers real-time localization and navigation systems that allow autonomous vehicles to monitor and plan their position and movement in real-time. One major product of Luokung Technology is the Luokung 3D Vision System. This advanced technology creates a 3D map of the surroundings of an autonomous vehicle by using Lidar (Light Detection and Ranging) systems. This technology is highly sought after in the automotive industry as it allows autonomous vehicles to better perceive their environment and navigate more safely and efficiently. The history of Luokung Technology is characterized by a strong focus on GIS technologies and a good positioning in the Chinese market. The company has formed several important partnerships to accelerate its growth, including a collaboration with Baidu Maps to develop an autonomous driving system based on Luokung technologies. Overall, the company has developed a wide range of products and services that allow it to operate in various business sectors and strengthen its market position. Overall, Luokung Technology Corp has experienced impressive growth in recent years and has diversified its business. With its core competence in GIS technology and its strong positioning in the growing Chinese market, the company is in a strong position to continue growing in the coming years. Luokung Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Luokung Technology's Debt Structure

Luokung Technology's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Luokung Technology's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Luokung Technology’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Luokung Technology’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Luokung Technology stock

What is the debt of Luokung Technology this year?

Luokung Technology has a debt level of 50.1 USD this year.

What was the debt of Luokung Technology compared to the previous year?

The debt of Luokung Technology has increased by -476.69% compared to the previous year dropped.

What are the consequences of high debt for investors in Luokung Technology?

High debt can pose a risk for investors of Luokung Technology, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Luokung Technology?

Low debt means that Luokung Technology has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Luokung Technology affect the company?

An increase in debt of Luokung Technology can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Luokung Technology affect the company?

A reduction in debt of Luokung Technology can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Luokung Technology?

Some factors that can influence the debt of Luokung Technology include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Luokung Technology so important for investors?

The debts of Luokung Technology are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Luokung Technology take to change the debt?

To change the debt, Luokung Technology can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Luokung Technology pay?

Over the past 12 months, Luokung Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Luokung Technology is expected to pay a dividend of 0 USD.

What is the dividend yield of Luokung Technology?

The current dividend yield of Luokung Technology is .

When does Luokung Technology pay dividends?

Luokung Technology pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Luokung Technology?

Luokung Technology paid dividends every year for the past 0 years.

What is the dividend of Luokung Technology?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Luokung Technology located?

Luokung Technology is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Luokung Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Luokung Technology from 7/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

When did Luokung Technology pay the last dividend?

The last dividend was paid out on 7/12/2024.

What was the dividend of Luokung Technology in the year 2023?

In the year 2023, Luokung Technology distributed 0 USD as dividends.

In which currency does Luokung Technology pay out the dividend?

The dividends of Luokung Technology are distributed in USD.

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Andere Kennzahlen von Luokung Technology

Our stock analysis for Luokung Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Luokung Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.