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Econ Healthcare (Asia) (SGX:EHG) Equity-to-Asset : 0.41 (As of Sep. 2023)


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What is Econ Healthcare (Asia) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Econ Healthcare (Asia)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$38.80 Mil. Econ Healthcare (Asia)'s Total Assets for the quarter that ended in Sep. 2023 was S$95.72 Mil. Therefore, Econ Healthcare (Asia)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.41.

The historical rank and industry rank for Econ Healthcare (Asia)'s Equity-to-Asset or its related term are showing as below:

SGX:EHG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.35   Max: 0.46
Current: 0.41

During the past 7 years, the highest Equity to Asset Ratio of Econ Healthcare (Asia) was 0.46. The lowest was 0.00. And the median was 0.35.

SGX:EHG's Equity-to-Asset is ranked worse than
56.21% of 676 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs SGX:EHG: 0.41

Econ Healthcare (Asia) Equity-to-Asset Historical Data

The historical data trend for Econ Healthcare (Asia)'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.

Econ Healthcare (Asia) Equity-to-Asset Chart

Econ Healthcare (Asia) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.31 0.29 0.34 0.35 0.39

Econ Healthcare (Asia) Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.46 0.35 0.36 0.39 0.41

Competitive Comparison of Econ Healthcare (Asia)'s Equity-to-Asset

For the Medical Care Facilities subindustry, Econ Healthcare (Asia)'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.


Econ Healthcare (Asia)'s Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econ Healthcare (Asia)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Econ Healthcare (Asia)'s Equity-to-Asset falls into.



Econ Healthcare (Asia) 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.

Econ Healthcare (Asia)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=38.758/99.271
=0.39

Econ Healthcare (Asia)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=38.798/95.719
=0.41

* 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.


Econ Healthcare (Asia)  (SGX:EHG) 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%.


Econ Healthcare (Asia) Equity-to-Asset Related Terms

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


Econ Healthcare (Asia) (SGX:EHG) Business Description

Traded in Other Exchanges
N/A
Address
160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728
Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

Econ Healthcare (Asia) (SGX:EHG) Headlines

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