Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Republic Healthcare's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$74.76 Mil. Republic Healthcare's Total Assets for the quarter that ended in Dec. 2023 was HK$91.71 Mil.
Therefore, Republic Healthcare's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.
The historical rank and industry rank for Republic Healthcare's Equity-to-Asset or its related term are showing as below:
HKSE:08357'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.75 Max: 0.89
Current: 0.82
During the past 8 years, the highest Equity to Asset Ratio of Republic Healthcare was 0.89. The lowest was 0.44. And the median was 0.75.
HKSE:08357's Equity-to-Asset is ranked better than 89.25% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 0.46
vs HKSE:08357: 0.82
Republic Healthcare Equity-to-Asset Historical Data
The historical data trend for Republic Healthcare'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 Republic Healthcare's Equity-to-Asset
For the Medical Care Facilities subindustry, Republic Healthcare'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.
Republic Healthcare's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Republic Healthcare's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Republic Healthcare's Equity-to-Asset falls into.
Republic Healthcare 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.
Republic Healthcare'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.
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%.
Republic Healthcare Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Republic Healthcare's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Republic Healthcare (HKSE:08357) Business Description
Republic Healthcare Ltd is principally engaged in the clinic business in Singapore and the provision of management advisory services. The company provides healthcare services operating a network of general practice clinics; treatment solutions for common medical conditions with a focus on sexual health and infectious diseases; and operation of a medical aesthetics clinic which focuses on providing treatment solutions for common skin conditions and basic medical aesthetics services. The company provides an all-round solution from diagnosis to treatment that is tailored to patient's individual needs. The company generates revenue from operations of medical clinics and other medical services, and provision of aesthetics service treatments.
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