GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Equity-to-Asset

NIVF (NewGenIvf Group) Equity-to-Asset : 0.54 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is NewGenIvf Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NewGenIvf Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.90 Mil. NewGenIvf Group's Total Assets for the quarter that ended in Dec. 2023 was $1.65 Mil. Therefore, NewGenIvf Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

NIVF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.55   Med: 0.19   Max: 0.54
Current: 0.54

During the past 3 years, the highest Equity to Asset Ratio of NewGenIvf Group was 0.54. The lowest was -0.55. And the median was 0.19.

NIVF's Equity-to-Asset is ranked better than
58.53% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs NIVF: 0.54

NewGenIvf Group Equity-to-Asset Historical Data

The historical data trend for NewGenIvf 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.

NewGenIvf Group Equity-to-Asset Chart

NewGenIvf Group Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-0.55 0.19 0.54

NewGenIvf Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset -0.55 - 0.19 0.33 0.54

Competitive Comparison of NewGenIvf Group's Equity-to-Asset

For the Medical Care Facilities subindustry, NewGenIvf 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.


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

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

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



NewGenIvf 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.

NewGenIvf Group'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
=0.896/1.647
=0.54

NewGenIvf Group'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
=0.896/1.647
=0.54

* 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.


NewGenIvf Group  (NAS:NIVF) 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%.


NewGenIvf Group Equity-to-Asset Related Terms

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


NewGenIvf Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110
NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.