Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IVD Medical Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,659 Mil. IVD Medical Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$5,234 Mil.
Therefore, IVD Medical Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.
The historical rank and industry rank for IVD Medical Holding's Equity-to-Asset or its related term are showing as below:
HKSE:01931'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68 Med: 0.73 Max: 0.91
Current: 0.7
During the past 8 years, the highest Equity to Asset Ratio of IVD Medical Holding was 0.91. The lowest was 0.68. And the median was 0.73.
HKSE:01931's Equity-to-Asset is ranked better than 82% of 100
companies
in the Medical Distribution industry
Industry Median: 0.385
vs HKSE:01931: 0.70
IVD Medical Holding Equity-to-Asset Historical Data
The historical data trend for IVD Medical Holding'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.
Competitive Comparison of IVD Medical Holding's Equity-to-Asset
For the Medical Distribution subindustry, IVD Medical Holding'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.
IVD Medical Holding's Equity-to-Asset Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, IVD Medical Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where IVD Medical Holding's Equity-to-Asset falls into.
IVD Medical Holding 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.
IVD Medical Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
IVD Medical Holding (HKSE:01931) 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%.
IVD Medical Holding Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of IVD Medical Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
IVD Medical Holding (HKSE:01931) Business Description
IVD Medical Holding Ltd is principally engaged in the sale and manufacture of medical equipment and consumables and the provision of consultancy and maintenance services related to medical equipment. It has three segments. The distribution business, which is the key revenue driver, involves the trading of IVD analysers, reagents, and other consumables to customers such as distributors, hospitals and healthcare institutions, and logistics providers. The After-sales Services provided by Vastec include maintenance and repair services, installation services and end-customer training. Its Self-branded Products Business, distributes its self-developed IVD products under its own brand which includes IVD analysers and reagents under the IVD testing category of Point-of-care testing.
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