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Patient Access Solutions (Patient Access Solutions) Equity-to-Asset : -0.04 (As of Jul. 2008)


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What is Patient Access Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Patient Access Solutions's Total Stockholders Equity for the quarter that ended in Jul. 2008 was $-0.06 Mil. Patient Access Solutions's Total Assets for the quarter that ended in Jul. 2008 was $1.56 Mil. Therefore, Patient Access Solutions's Equity to Asset Ratio for the quarter that ended in Jul. 2008 was -0.04.

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

PASO's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

Patient Access Solutions Equity-to-Asset Historical Data

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions Equity-to-Asset Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Equity-to-Asset
1.00 -6.00 -0.92

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Equity-to-Asset Get a 7-Day Free Trial -0.50 -6.00 -3.00 -0.27 -0.04

Competitive Comparison of Patient Access Solutions's Equity-to-Asset

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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



Patient Access Solutions 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.

Patient Access Solutions's Equity to Asset Ratio for the fiscal year that ended in Oct. 2008 is calculated as

Equity to Asset (A: Oct. 2008 )=Total Stockholders Equity/Total Assets
=-0.908/0.984
=

Patient Access Solutions's Equity to Asset Ratio for the quarter that ended in Jul. 2008 is calculated as

Equity to Asset (Q: Jul. 2008 )=Total Stockholders Equity/Total Assets
=-0.056/1.555
=-0.04

* 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.


Patient Access Solutions  (OTCPK:PASO) 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%.


Patient Access Solutions Equity-to-Asset Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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