GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » C-Mer Eye Care Holdings Ltd (HKSE:03309) » Definitions » Equity-to-Asset

C-Mer Eye Care Holdings (HKSE:03309) Equity-to-Asset : 0.67 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is C-Mer Eye Care Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. C-Mer Eye Care Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,846 Mil. C-Mer Eye Care Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$2,749 Mil. Therefore, C-Mer Eye Care Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for C-Mer Eye Care Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:03309' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.67   Max: 0.94
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of C-Mer Eye Care Holdings was 0.94. The lowest was 0.30. And the median was 0.67.

HKSE:03309's Equity-to-Asset is ranked better than
73.56% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HKSE:03309: 0.67

C-Mer Eye Care Holdings Equity-to-Asset Historical Data

The historical data trend for C-Mer Eye Care Holdings'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.

C-Mer Eye Care Holdings Equity-to-Asset Chart

C-Mer Eye Care Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.79 0.68 0.64 0.67

C-Mer Eye Care Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.68 0.64 0.64 0.68 0.67

Competitive Comparison of C-Mer Eye Care Holdings's Equity-to-Asset

For the Medical Care Facilities subindustry, C-Mer Eye Care Holdings'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.


C-Mer Eye Care Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, C-Mer Eye Care Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where C-Mer Eye Care Holdings's Equity-to-Asset falls into.



C-Mer Eye Care Holdings 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.

C-Mer Eye Care Holdings'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
=1845.814/2748.635
=0.67

C-Mer Eye Care Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1845.814/2748.635
=0.67

* 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.


C-Mer Eye Care Holdings  (HKSE:03309) 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%.


C-Mer Eye Care Holdings Equity-to-Asset Related Terms

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


C-Mer Eye Care Holdings (HKSE:03309) Business Description

Traded in Other Exchanges
N/A
Address
1-3 Pedder Street, Suite 1335, Central Building, Central, Hong Kong, HKG
C-Mer Eye Care Holdings Ltd provides general medical and surgical hospital services. It provides ophthalmic health care, diagnosis, treatment, surgical treatment services, and the sale of vision aid and pharmaceutical products in Hong Kong and the People's Republic of China. The company offers cataract, cornea, and ocular surface diseases, glaucoma, vitreoretinal and macular diseases, other eye diseases diagnosis and treatment services, and Chinese medicine treatment of eye diseases. Its segments include Sales of medical consumables, Mainland China ophthalmic business and Mainland China dental business. It generates a vast majority of its revenue from the provision of the ophthalmic services segment.

C-Mer Eye Care Holdings (HKSE:03309) Headlines

No Headlines