Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marpai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-13.44 Mil. Marpai's Total Assets for the quarter that ended in Dec. 2023 was $31.68 Mil.
Therefore, Marpai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.42.
The historical rank and industry rank for Marpai's Equity-to-Asset or its related term are showing as below:
MRAI'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54 Med: -0.21 Max: 0.67
Current: -0.42
During the past 5 years, the highest Equity to Asset Ratio of Marpai was 0.67. The lowest was -0.54. And the median was -0.21.
MRAI's Equity-to-Asset is ranked worse than 100% of 21
companies
in the Healthcare Plans industry
Industry Median: 0.33
vs MRAI: -0.42
Marpai Equity-to-Asset Historical Data
The historical data trend for Marpai'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 Marpai's Equity-to-Asset
For the Healthcare Plans subindustry, Marpai'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.
Marpai's Equity-to-Asset Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Marpai's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Marpai's Equity-to-Asset falls into.
Marpai 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.
Marpai'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.
Marpai (NAS:MRAI) 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%.
Marpai Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Marpai's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Marpai Inc operates as a health plan company. It uses A.I. to predict and help prevent costly events for its members, and in turn, lower its clients' health care costs. It offers a health plan services system that addresses the problems of healthcare past and enables companies to provide healthcare to employees. The company generates the majority of its revenue from the United States.
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