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NDatalyze (NDatalyze) Equity-to-Asset : 0.97 (As of Nov. 2023)


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What is NDatalyze Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NDatalyze's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $0.69 Mil. NDatalyze's Total Assets for the quarter that ended in Nov. 2023 was $0.71 Mil. Therefore, NDatalyze's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.97.

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

NDATF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.96   Max: 0.99
Current: 0.97

During the past 5 years, the highest Equity to Asset Ratio of NDatalyze was 0.99. The lowest was 0.67. And the median was 0.96.

NDATF's Equity-to-Asset is ranked better than
99.26% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs NDATF: 0.97

NDatalyze Equity-to-Asset Historical Data

The historical data trend for NDatalyze'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.

NDatalyze Equity-to-Asset Chart

NDatalyze Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
0.89 0.95 0.92 0.95 0.67

NDatalyze Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 Premium Member Only 0.99 0.67 0.68 0.98 0.97

Competitive Comparison of NDatalyze's Equity-to-Asset

For the Health Information Services subindustry, NDatalyze'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.


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

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

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



NDatalyze 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.

NDatalyze's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=0.426/0.641
=0.66

NDatalyze's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=0.687/0.707
=0.97

* 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.


NDatalyze  (OTCPK:NDATF) 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%.


NDatalyze Equity-to-Asset Related Terms

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NDatalyze (NDatalyze) Business Description

Traded in Other Exchanges
Address
707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
NDatalyze Corp develops technologically-based, specialized products, databases, and applications. The YMI division is developing a data-driven consumer mHealth application designed to predict current and future health conditions to lessen the cost of health services and decrease the load on health care services. The MLdelic division is providing a database platform that may be used to predict potential benefits associated with the use of entheogenic compounds within the mental health sector. The Medxtractor division manufactures small-scale bio-extractors that are used to extract essential oils from botanical materials.

NDatalyze (NDatalyze) Headlines

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