GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Inspire Veterinary Partners Inc (NAS:IVP) » Definitions » Equity-to-Asset

Inspire Veterinary Partners (Inspire Veterinary Partners) Equity-to-Asset : -0.04 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Inspire Veterinary Partners Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inspire Veterinary Partners's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.79 Mil. Inspire Veterinary Partners's Total Assets for the quarter that ended in Dec. 2023 was $21.79 Mil. Therefore, Inspire Veterinary Partners's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.04.

The historical rank and industry rank for Inspire Veterinary Partners's Equity-to-Asset or its related term are showing as below:

IVP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.25   Med: -0.14   Max: -0.04
Current: -0.04

During the past 3 years, the highest Equity to Asset Ratio of Inspire Veterinary Partners was -0.04. The lowest was -0.25. And the median was -0.14.

IVP's Equity-to-Asset is ranked worse than
89.81% of 108 companies
in the Personal Services industry
Industry Median: 0.365 vs IVP: -0.04

Inspire Veterinary Partners Equity-to-Asset Historical Data

The historical data trend for Inspire Veterinary Partners'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.

Inspire Veterinary Partners Equity-to-Asset Chart

Inspire Veterinary Partners Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-0.14 -0.25 -0.04

Inspire Veterinary Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only -0.25 -0.33 -0.40 0.13 -0.04

Competitive Comparison of Inspire Veterinary Partners's Equity-to-Asset

For the Personal Services subindustry, Inspire Veterinary Partners'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.


Inspire Veterinary Partners's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Inspire Veterinary Partners's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Inspire Veterinary Partners's Equity-to-Asset falls into.



Inspire Veterinary Partners 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.

Inspire Veterinary Partners'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
=-0.788/21.791
=-0.04

Inspire Veterinary Partners'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
=-0.788/21.791
=-0.04

* 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.


Inspire Veterinary Partners  (NAS:IVP) 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%.


Inspire Veterinary Partners Equity-to-Asset Related Terms

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


Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Traded in Other Exchanges
N/A
Address
780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452
Website
Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.
Executives
Alexander Lawrence director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser director, officer: Chief Operating Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr director, officer: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau director P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc other: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank officer: Chief Financial Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452

Inspire Veterinary Partners (Inspire Veterinary Partners) Headlines