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Alpha Tau Medical (Alpha Tau Medical) Equity-to-Asset : 0.79 (As of Dec. 2023)


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What is Alpha Tau Medical Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alpha Tau Medical's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $84.48 Mil. Alpha Tau Medical's Total Assets for the quarter that ended in Dec. 2023 was $107.39 Mil.

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

DRTS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.82   Med: -0.01   Max: 0.88
Current: 0.79

During the past 5 years, the highest Equity to Asset Ratio of Alpha Tau Medical was 0.88. The lowest was -0.82. And the median was -0.01.

DRTS's Equity-to-Asset is ranked better than
66.2% of 1565 companies
in the Biotechnology industry
Industry Median: 0.66 vs DRTS: 0.79

Alpha Tau Medical Equity-to-Asset Historical Data

The historical data trend for Alpha Tau Medical'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.

Alpha Tau Medical Equity-to-Asset Chart

Alpha Tau Medical Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.01 -0.16 -0.82 0.88 0.79

Alpha Tau Medical Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.88 0.86 0.83 0.84 0.79

Competitive Comparison of Alpha Tau Medical's Equity-to-Asset

For the Biotechnology subindustry, Alpha Tau Medical'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.


Alpha Tau Medical's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alpha Tau Medical's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alpha Tau Medical's Equity-to-Asset falls into.



Alpha Tau Medical 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.

Alpha Tau Medical'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
=84.475/107.388
=

Alpha Tau Medical'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
=84.475/107.388
=

* 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.


Alpha Tau Medical  (NAS:DRTS) 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%.


Alpha Tau Medical Equity-to-Asset Related Terms

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


Alpha Tau Medical (Alpha Tau Medical) Business Description

Traded in Other Exchanges
N/A
Address
5 Kiryat Hamada Street, Building B3, 4th Floor, Jerusalem, ISR, 9777605
Alpha Tau Medical Ltd is a clinical-stage oncology therapeutics company focused on harnessing the innate relative biological effectiveness and short range of alpha particles for use as localized radiation therapy for solid tumors.