Oncimmune Holdings (LSE:ONC) Equity-to-Asset : -0.22 (As of Feb. 2024)

Oncimmune Holdings Equity-to-Asset Chart

Oncimmune Holdings Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	Aug23
Equity-to-Asset		Get a 7-Day Free Trial					0.83	-0.02	0.27	-0.16	0.08

Oncimmune Holdings Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Feb23	Aug23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial															0.07	-0.16	-0.77	0.08	-0.22

Competitive Comparison of Oncimmune Holdings's Equity-to-Asset

For the Biotechnology subindustry, Oncimmune 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.

Oncimmune Holdings's Equity-to-Asset Distribution in the Biotechnology Industry

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

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

Oncimmune 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.

Oncimmune Holdings's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Oncimmune Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 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.

Oncimmune Holdings  (LSE:ONC) 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%.

Oncimmune Holdings Equity-to-Asset Related Terms

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Oncimmune Holdings (LSE:ONC) Business Description