The historical rank and industry rank for Oakridge International's Equity-to-Asset or its related term are showing as below:
ASX:OAK'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.28 Med: 0.63 Max: 0.92
Current: 0.55
During the past 13 years, the highest Equity to Asset Ratio of Oakridge International was 0.92. The lowest was -0.28. And the median was 0.63.
ASX:OAK's Equity-to-Asset is ranked better than 61.3% of 677
companies
in the Healthcare Providers & Services industry
Industry Median: 0.46
vs ASX:OAK: 0.55
Oakridge International Equity-to-Asset Historical Data
The historical data trend for Oakridge International'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 Oakridge International's Equity-to-Asset
For the Health Information Services subindustry, Oakridge International'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.
Oakridge International's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Oakridge International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Oakridge International's Equity-to-Asset falls into.
Oakridge International 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.
Oakridge International's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Oakridge International (ASX:OAK) 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%.
Oakridge International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Oakridge International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Oakridge International (ASX:OAK) Business Description
Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects, and Corporate. Geographically, it operates within Australia.
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