G Medical Innovations Holdings (G Medical Innovations Holdings) Equity-to-Asset : -1.52 (As of Dec. 2022)

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What is G Medical Innovations Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. G Medical Innovations Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-7.35 Mil. G Medical Innovations Holdings's Total Assets for the quarter that ended in Dec. 2022 was $4.83 Mil. Therefore, G Medical Innovations Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was -1.52.

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

GMVDF's Equity-to-Asset is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.64
* Ranked among companies with meaningful Equity-to-Asset only.

G Medical Innovations Holdings Equity-to-Asset Historical Data

The historical data trend for G Medical Innovations Holdings'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.

G Medical Innovations Holdings Equity-to-Asset Chart

G Medical Innovations Holdings Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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-0.47

-1.53

-1.16

-0.57

-1.52

G Medical Innovations Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Equity-to-Asset	Get a 7-Day Free Trial							-1.16	0.20	-0.57	-0.41	-1.52

Competitive Comparison of G Medical Innovations Holdings's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, G Medical Innovations Holdings'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.

G Medical Innovations Holdings's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, G Medical Innovations Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where G Medical Innovations Holdings's Equity-to-Asset falls into.

G Medical Innovations Holdings 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.

G Medical Innovations Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-7.353	/	4.825
	=	-1.52

G Medical Innovations Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-7.353	/	4.825
	=	-1.52

G Medical Innovations Holdings (OTCPK:GMVDF) 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%.

G Medical Innovations Holdings Equity-to-Asset Related Terms

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

G Medical Innovations Holdings (G Medical Innovations Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » G Medical Innovations Holdings Ltd (OTCPK:GMVDF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Oppenheimer Street, Rehovot, ISR, 7670105

Website

https://www.gmedinnovations.com

G Medical Innovations Holdings Ltd is a mobile health (mHealth), telemedicine solutions, and monitoring service platforms. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products, Patient Services, and Covid-19 testing. The company generates maximum revenue from the Patient Services segment.

Executives

Awm Investment Company, Inc.

10 percent owner

527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022