Volpara Health Technologies (ASX:VHT) Equity-to-Asset : 0.60 (As of Sep. 2023)

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What is Volpara Health Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Volpara Health Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$44.50 Mil. Volpara Health Technologies's Total Assets for the quarter that ended in Sep. 2023 was A$74.44 Mil. Therefore, Volpara Health Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.60.

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

ASX:VHT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6 Med: 0.75 Max: 0.88
Current: 0.6

During the past 7 years, the highest Equity to Asset Ratio of Volpara Health Technologies was 0.88. The lowest was 0.60. And the median was 0.75.

ASX:VHT's Equity-to-Asset is ranked better than
66.47% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs ASX:VHT: 0.60

Volpara Health Technologies Equity-to-Asset Historical Data

The historical data trend for Volpara Health Technologies'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.

Volpara Health Technologies Equity-to-Asset Chart

Volpara Health Technologies Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.75

0.72

0.77

0.72

0.65

Volpara Health Technologies Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial										0.73	0.72	0.65	0.65	0.60

Competitive Comparison of Volpara Health Technologies's Equity-to-Asset

For the Health Information Services subindustry, Volpara Health Technologies'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.

Volpara Health Technologies's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Volpara Health Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Volpara Health Technologies's Equity-to-Asset falls into.

Volpara Health Technologies 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.

Volpara Health Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	47.974	/	74.15
	=	0.65

Volpara Health Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	44.503	/	74.443
	=	0.60

Volpara Health Technologies (ASX:VHT) 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%.

Volpara Health Technologies Equity-to-Asset Related Terms

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

Volpara Health Technologies (ASX:VHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Volpara Health Technologies Ltd (ASX:VHT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

VPAHF:USA

Address

40 Mercer Street, Level 14–15, Wellington Central, Wellington, NZL, 6011

Website

https://www.volparahealth.com

Volpara Health Technologies Ltd is a New Zealand-based research, development, and manufacturing company. The business of the company operates through three product categories that include Capital Sales, Software Maintenance Agreements, and Software as a Service. It offers a breast imaging analytics platform that delivers real-time quality assurance and performance monitoring. It operates through the sale of a single suite of medical device software products.