PACS Group (PACS Group) Equity-to-Asset : 0.03 (As of Mar. 2024)

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What is PACS Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PACS Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $128.0 Mil. PACS Group's Total Assets for the quarter that ended in Mar. 2024 was $3,866.3 Mil. Therefore, PACS Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.03.

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

PACS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 0.03
Current: 0.03

During the past 3 years, the highest Equity to Asset Ratio of PACS Group was 0.03. The lowest was 0.03. And the median was 0.03.

PACS's Equity-to-Asset is ranked worse than
86.91% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs PACS: 0.03

PACS Group Equity-to-Asset Historical Data

The historical data trend for PACS Group'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.

PACS Group Equity-to-Asset Chart

PACS Group Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.03

PACS Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Equity-to-Asset	-	0.03	-	0.03	0.03

Competitive Comparison of PACS Group's Equity-to-Asset

For the Medical Care Facilities subindustry, PACS Group'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.

PACS Group's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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

PACS Group 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.

PACS Group'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
	=	96.126	/	3512.739
	=	0.03

PACS Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	127.991	/	3866.328
	=	0.03

PACS Group (NYSE:PACS) 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%.

PACS Group Equity-to-Asset Related Terms

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

PACS Group (PACS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PACS Group Inc (NYSE:PACS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 N. University Avenue, Farmington, UT, USA, 84025

Website

https://www.pacs.com

PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

From GuruFocus

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

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