Induction Healthcare Group (LSE:INHC) Equity-to-Asset : 0.66 (As of Sep. 2023)

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What is Induction Healthcare Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Induction Healthcare Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £22.65 Mil. Induction Healthcare Group's Total Assets for the quarter that ended in Sep. 2023 was £34.34 Mil. Therefore, Induction Healthcare Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.66.

The historical rank and industry rank for Induction Healthcare Group's Equity-to-Asset or its related term are showing as below:

LSE:INHC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.82 Max: 0.98
Current: 0.66

During the past 5 years, the highest Equity to Asset Ratio of Induction Healthcare Group was 0.98. The lowest was 0.63. And the median was 0.82.

LSE:INHC's Equity-to-Asset is ranked better than
72.38% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs LSE:INHC: 0.66

Induction Healthcare Group Equity-to-Asset Historical Data

The historical data trend for Induction Healthcare Group'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.

Induction Healthcare Group Equity-to-Asset Chart

Induction Healthcare Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

-4.27

0.84

0.82

0.76

0.63

Induction Healthcare Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial					0.81	0.76	0.65	0.63	0.66

Competitive Comparison of Induction Healthcare Group's Equity-to-Asset

For the Health Information Services subindustry, Induction Healthcare Group'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.

Induction Healthcare Group's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Induction Healthcare Group's Equity-to-Asset falls into.

Induction Healthcare Group 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.

Induction Healthcare Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	24.296	/	38.337
	=	0.63

Induction Healthcare Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	22.653	/	34.342
	=	0.66

Induction Healthcare Group (LSE:INHC) 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%.

Induction Healthcare Group Equity-to-Asset Related Terms

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

Induction Healthcare Group (LSE:INHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Induction Healthcare Group PLC (LSE:INHC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES

Website

https://www.inductionhealthcare.com

Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

Induction Healthcare Group (LSE:INHC) Headlines

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