MedSci Healthcare Holdings (HKSE:02415) Equity-to-Asset : 0.87 (As of Dec. 2023)

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What is MedSci Healthcare Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MedSci Healthcare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,225.4 Mil. MedSci Healthcare Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,417.1 Mil. Therefore, MedSci Healthcare Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.

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

HKSE:02415' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19 Med: 0.23 Max: 0.87
Current: 0.87

During the past 4 years, the highest Equity to Asset Ratio of MedSci Healthcare Holdings was 0.87. The lowest was -0.19. And the median was 0.23.

HKSE:02415's Equity-to-Asset is ranked better than
93.67% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HKSE:02415: 0.87

MedSci Healthcare Holdings Equity-to-Asset Historical Data

The historical data trend for MedSci Healthcare Holdings'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.

MedSci Healthcare Holdings Equity-to-Asset Chart

MedSci Healthcare Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.56

-0.10

-0.19

0.87

MedSci Healthcare Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-0.10	-	-0.19	0.87	0.87

Competitive Comparison of MedSci Healthcare Holdings's Equity-to-Asset

For the Health Information Services subindustry, MedSci Healthcare Holdings'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.

MedSci Healthcare Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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

MedSci Healthcare Holdings 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.

MedSci Healthcare Holdings'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
	=	1225.447	/	1417.101
	=	0.86

MedSci Healthcare Holdings'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
	=	1225.447	/	1417.101
	=	0.86

MedSci Healthcare Holdings (HKSE:02415) 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%.

MedSci Healthcare Holdings Equity-to-Asset Related Terms

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

MedSci Healthcare Holdings (HKSE:02415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedSci Healthcare Holdings Ltd (HKSE:02415) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Xinzhuan Road, 18th Floor, Building 34, Songjiang District, Shanghai, CHN

Website

https://ir.medsci.cn

MedSci Healthcare Holdings Ltd is an investment holding company. It operates online professional physician platforms in China. The principal activities of the Company are the provision of physician platform solutions, precision omni-channel marketing solutions, and real-world study solutions in the People's Republic of China.

Executives

Li Xinmei	2202 Interest of your spouse
Zhang Fabao	2201 Interest of corporation controlled by you
Dtx Health Limited	2101 Beneficial owner
Yu Jia	2201 Interest of corporation controlled by you
Dragon Step Ventures Limited	2101 Beneficial owner
Shanghai Qichang Investment Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Suzhou Qicheng Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Suzhou Qiming Ronghe Venture Capital Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited
Tencent Holdings Limited
Microhealth Limited	2101 Beneficial owner
Hu Xubo	2201 Interest of corporation controlled by you
Meiyue Limited	2101 Beneficial owner

MedSci Healthcare Holdings (HKSE:02415) Headlines

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