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Eternity Healthcare (Eternity Healthcare) Liabilities-to-Assets : 1.05 (As of Jul. 2018)


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What is Eternity Healthcare Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Eternity Healthcare's Total Liabilities for the quarter that ended in Jul. 2018 was $2.87 Mil. Eternity Healthcare's Total Assets for the quarter that ended in Jul. 2018 was $2.72 Mil. Therefore, Eternity Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2018 was 1.05.


Eternity Healthcare Liabilities-to-Assets Historical Data

The historical data trend for Eternity Healthcare's Liabilities-to-Assets 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.

Eternity Healthcare Liabilities-to-Assets Chart

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 1.12 1.83 4.80 0.99

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.00 - 0.74 0.99 1.05

Competitive Comparison of Eternity Healthcare's Liabilities-to-Assets

For the Medical Devices subindustry, Eternity Healthcare's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Eternity Healthcare's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eternity Healthcare's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Eternity Healthcare's Liabilities-to-Assets falls into.



Eternity Healthcare Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Eternity Healthcare's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2018 is calculated as:

Liabilities-to-Assets (A: Apr. 2018 )=Total Liabilities/Total Assets
=1.931/1.959
=0.99

Eternity Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2018 is calculated as

Liabilities-to-Assets (Q: Jul. 2018 )=Total Liabilities/Total Assets
=2.865/2.72
=1.05

* 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.


Eternity Healthcare  (GREY:ETAH) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Eternity Healthcare Liabilities-to-Assets Related Terms

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Eternity Healthcare (Eternity Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.