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Artemis Medicare Services (BOM:542919) Equity-to-Asset : 0.46 (As of Mar. 2024)


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What is Artemis Medicare Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Artemis Medicare Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹4,484 Mil. Artemis Medicare Services's Total Assets for the quarter that ended in Mar. 2024 was ₹9,715 Mil. Therefore, Artemis Medicare Services's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

BOM:542919' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.51   Max: 0.53
Current: 0.46

During the past 10 years, the highest Equity to Asset Ratio of Artemis Medicare Services was 0.53. The lowest was 0.45. And the median was 0.51.

BOM:542919's Equity-to-Asset is ranked better than
50.74% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BOM:542919: 0.46

Artemis Medicare Services Equity-to-Asset Historical Data

The historical data trend for Artemis Medicare Services'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.

Artemis Medicare Services Equity-to-Asset Chart

Artemis Medicare Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.53 0.51 0.45 0.46

Artemis Medicare Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 - 0.44 - 0.46

Competitive Comparison of Artemis Medicare Services's Equity-to-Asset

For the Medical Care Facilities subindustry, Artemis Medicare Services'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.


Artemis Medicare Services's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Artemis Medicare Services's Equity-to-Asset falls into.



Artemis Medicare Services 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.

Artemis Medicare Services's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=4483.529/9715.127
=0.46

Artemis Medicare Services'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
=4483.529/9715.127
=0.46

* 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.


Artemis Medicare Services  (BOM:542919) 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%.


Artemis Medicare Services Equity-to-Asset Related Terms

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


Artemis Medicare Services (BOM:542919) Business Description

Traded in Other Exchanges
N/A
Address
Artemis Hospital, Sector 51, Gurugram, HR, IND, 122001
Artemis Medicare Services Ltd is engaged in managing and operating multi-specialty hospitals. The hospital provides treatments for Allergy and Immunology, Blood (Haematology), Bones, Muscles and Joints (Orthopaedics), Brain, Spine and Nervous System, Cancer (Oncology), Circulatory (Vascular), Digestive (Gastroenterology), Endocrine, Diabetes And Metabolism, Dermatology, Heart (Cardiology), Infectious Diseases, Kidneys (Renal), Lung (Pulmonary), Mouth, Teeth And Face (Oral And Maxillofacial), Obstetrics And Gynecology, Psychiatry, Rheumatology (Arthritis And Joint Disease), Surgery, and Urology. The group derives revenue primarily from offering healthcare services and has a business presence in India and Outside India.

Artemis Medicare Services (BOM:542919) Headlines

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