Syra Health (Syra Health) Equity-to-Asset : 0.82 (As of Dec. 2023)

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What is Syra Health Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Syra Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.01 Mil. Syra Health's Total Assets for the quarter that ended in Dec. 2023 was $4.92 Mil. Therefore, Syra Health's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.

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

SYRA' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.33 Med: 0.15 Max: 0.82
Current: 0.82

During the past 4 years, the highest Equity to Asset Ratio of Syra Health was 0.82. The lowest was -1.33. And the median was 0.15.

SYRA's Equity-to-Asset is ranked better than
89.33% of 675 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs SYRA: 0.82

Syra Health Equity-to-Asset Historical Data

The historical data trend for Syra Health'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.

Syra Health Equity-to-Asset Chart

Syra Health Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-1.33

-0.01

0.31

0.82

Syra Health Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				0.31	-0.03	-0.49	-0.47	0.82

Competitive Comparison of Syra Health's Equity-to-Asset

For the Medical Care Facilities subindustry, Syra Health'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.

Syra Health's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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

Syra Health 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.

Syra Health'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
	=	4.013	/	4.923
	=	0.82

Syra Health'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
	=	4.013	/	4.923
	=	0.82

Syra Health (NAS:SYRA) 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%.

Syra Health Equity-to-Asset Related Terms

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

Syra Health (Syra Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Syra Health Corp (NAS:SYRA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1119 Keystone Way North, No. 201, Carmel, IN, USA, 46032

Website

https://www.syrahealth.com

Syra Health Corp is a healthcare services company promoting preventative health, holistic wellness, health education, and equitable healthcare for all patient demographics. The company leverages deep scientific and healthcare expertise to create strategic frameworks and develop patient-centric solutions for the betterment of patient lives and health outcome linked to developing a healthier population. It strives to offer comprehensive end-to-end solutions in health education services, population health management, behavioral and mental health, healthcare workforce and digital health. The Company has two main forms of revenue - healthcare staffing revenue and medical communication revenue. The majority of revenue is derived from healthcare staffing.

Executives

Sandeep Allam	director, officer: President and Chair	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Feroz Syed	10 percent owner	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Deepika Vuppalanchi	director, officer: Chief Executive Officer	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Vijayapal Reddy	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Avutu Reddy	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Ketan Paranjape	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Andrew Dahlem	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Sherron Rogers	director	1119 KEYSTONE WAY N., #201, CARMEL IN 46032
Joe D Thomas	10 percent owner	2046 EAST MURRAY-HOLIDAY ROAD, SALT LAKE CITY UT 84117
Sls Group Llc	10 percent owner	6582 S BIG COTTONWOOD CANYON RD. #200, SALT LAKE CITY UT 84121
Priya Prasad	officer: CFO and COO	1119 KEYSTONE WAY N., #201, CARMEL IN 46032