Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kala Bio's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.50 Mil. Kala Bio's Total Assets for the quarter that ended in Dec. 2023 was $55.95 Mil.
The historical rank and industry rank for Kala Bio's Equity-to-Asset or its related term are showing as below:
KALA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -6.71 Med: 0.19 Max: 0.77
Current: 0.13
During the past 9 years, the highest Equity to Asset Ratio of Kala Bio was 0.77. The lowest was -6.71. And the median was 0.19.
KALA's Equity-to-Asset is ranked worse than 81.24% of 1567
companies
in the Biotechnology industry
Industry Median: 0.66
vs KALA: 0.13
Kala Bio Equity-to-Asset Historical Data
The historical data trend for Kala Bio'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 Kala Bio's Equity-to-Asset
For the Biotechnology subindustry, Kala Bio'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.
Kala Bio's Equity-to-Asset Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Kala Bio's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kala Bio's Equity-to-Asset falls into.
Kala Bio 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.
Kala Bio'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.
Kala Bio (NAS:KALA) 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%.
Kala Bio Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kala Bio's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kala Bio Inc is a biopharmaceutical company. The company is a clinical-stage biopharmaceutical company dedicated to researching, developing, and commercializing innovative therapies for rare and severe eye diseases. KALA's lead product candidate, KPI-012, is a human MSC-S, which contains numerous human-derived biofactors, such as growth factors, protease inhibitors, matrix proteins, and neurotrophic factors that can potentially correct the impaired corneal healing that is an underlying etiology of multiple severe ocular diseases. Its MSC-S platform is for retinal degenerative diseases, such as Retinitis Pigmentosa and Stargardt Disease.
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