Apollon Formularies (AQSE:APOL) Equity-to-Asset : 0.53 (As of Jun. 2023)

Apollon Formularies Equity-to-Asset Chart

Apollon Formularies Annual Data
	Trend	Jun10	Jun11	Dec12	Dec13	Dec14	Dec17	Dec18	Dec19	Dec20	Dec21
Equity-to-Asset		Get a 7-Day Free Trial					0.68	0.69	0.59	0.96	0.97

Apollon Formularies Semi-Annual Data
	Jun11	Jun12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial											0.96	0.96	0.97	0.83	0.53

Competitive Comparison of Apollon Formularies's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Apollon Formularies'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.

Apollon Formularies's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Apollon Formularies's Equity-to-Asset distribution charts can be found below:

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

Apollon Formularies 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.

Apollon Formularies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Apollon Formularies's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

* 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.

Apollon Formularies  (AQSE:APOL) 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%.

Apollon Formularies Equity-to-Asset Related Terms

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Apollon Formularies (AQSE:APOL) Business Description