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Medibank Private (Medibank Private) Equity-to-Asset : 0.61 (As of Dec. 2023)


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What is Medibank Private Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medibank Private's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,574 Mil. Medibank Private's Total Assets for the quarter that ended in Dec. 2023 was $2,601 Mil. Therefore, Medibank Private's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

MDBKY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.51   Max: 0.61
Current: 0.61

During the past 9 years, the highest Equity to Asset Ratio of Medibank Private was 0.61. The lowest was 0.43. And the median was 0.51.

MDBKY's Equity-to-Asset is ranked better than
91.72% of 495 companies
in the Insurance industry
Industry Median: 0.24 vs MDBKY: 0.61

Medibank Private Equity-to-Asset Historical Data

The historical data trend for Medibank Private'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.

Medibank Private Equity-to-Asset Chart

Medibank Private Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.53 0.48 0.49 0.43 0.48

Medibank Private Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 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 0.51 0.43 0.47 0.48 0.61

Competitive Comparison of Medibank Private's Equity-to-Asset

For the Insurance - Specialty subindustry, Medibank Private'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.


Medibank Private's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Medibank Private's Equity-to-Asset distribution charts can be found below:

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



Medibank Private 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.

Medibank Private's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1398.926/2945.503
=0.47

Medibank Private'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
=1574.431/2601.272
=0.61

* 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.


Medibank Private  (OTCPK:MDBKY) 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%.


Medibank Private Equity-to-Asset Related Terms

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


Medibank Private (Medibank Private) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 6, Docklands, VIC, AUS, 3008
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund NIB Holdings are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.

Medibank Private (Medibank Private) Headlines