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Panamera Holdings (Panamera Holdings) Equity-to-Asset : -5.78 (As of Jan. 2024)


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What is Panamera Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panamera Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.05 Mil. Panamera Holdings's Total Assets for the quarter that ended in Jan. 2024 was $0.01 Mil. Therefore, Panamera Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -5.78.

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

PHCI' s Equity-to-Asset Range Over the Past 10 Years
Min: -90   Med: -5.47   Max: 0.39
Current: -5.78

During the past 9 years, the highest Equity to Asset Ratio of Panamera Holdings was 0.39. The lowest was -90.00. And the median was -5.47.

PHCI's Equity-to-Asset is ranked worse than
97.93% of 675 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs PHCI: -5.78

Panamera Holdings Equity-to-Asset Historical Data

The historical data trend for Panamera 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.

Panamera Holdings Equity-to-Asset Chart

Panamera Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only -90.00 -60.50 - -3.69 0.39

Panamera Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.17 -7.89 0.39 -0.26 -5.78

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

For the Medical Care Facilities subindustry, Panamera 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.


Panamera Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Panamera Holdings's Equity-to-Asset distribution charts can be found below:

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



Panamera 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.

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

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=0.05/0.13
=0.38

Panamera Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-0.052/0.009
=-5.78

* 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.


Panamera Holdings  (OTCPK:PHCI) 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%.


Panamera Holdings Equity-to-Asset Related Terms

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


Panamera Holdings (Panamera Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5051 Westheimer, Suite 1200, Houston, TX, USA, 77056
Panamera Holdings Corp, formerly Panamera Healthcare Corp is a development stage company helping clients navigate the complexities of a healthcare system in transition.
Executives
T Benjamin Jennings director, 10 percent owner, officer: Chairman, CEO, President 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 73025
Stanley F Wilson director, officer: Secretary, General Counsel 6711 EAST CAMELBACK ROAD 17, SCOTTSDALE AZ 85251
Christopher Barakat director 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
Ernest Joseph Diaz director, 10 percent owner 2410 W. MEMORIAL RD, SUTIE C406, OKLAHOMA CITY OK 73134
Curtis Eugene Summers director, 10 percent owner, officer: President 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134
Douglas Glenn Baker director, officer: CFO, Secretary, Treasurer 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134

Panamera Holdings (Panamera Holdings) Headlines

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