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Erika B-Cure Laser (XTAE:BCUR) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is Erika B-Cure Laser Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Erika B-Cure Laser's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪23.73 Mil. Erika B-Cure Laser's Total Assets for the quarter that ended in Dec. 2023 was ₪46.91 Mil. Therefore, Erika B-Cure Laser's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

XTAE:BCUR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.51   Max: 0.7
Current: 0.51

During the past 6 years, the highest Equity to Asset Ratio of Erika B-Cure Laser was 0.70. The lowest was 0.12. And the median was 0.51.

XTAE:BCUR's Equity-to-Asset is ranked worse than
66.74% of 872 companies
in the Medical Devices & Instruments industry
Industry Median: 0.645 vs XTAE:BCUR: 0.51

Erika B-Cure Laser Equity-to-Asset Historical Data

The historical data trend for Erika B-Cure Laser'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.

Erika B-Cure Laser Equity-to-Asset Chart

Erika B-Cure Laser Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.12 0.19 0.70 0.62 0.51

Erika B-Cure Laser Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.70 0.64 0.62 0.67 0.51

Competitive Comparison of Erika B-Cure Laser's Equity-to-Asset

For the Medical Devices subindustry, Erika B-Cure Laser'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.


Erika B-Cure Laser's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Erika B-Cure Laser's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Erika B-Cure Laser's Equity-to-Asset falls into.



Erika B-Cure Laser 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.

Erika B-Cure Laser'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
=23.727/46.907
=0.51

Erika B-Cure Laser'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
=23.727/46.907
=0.51

* 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.


Erika B-Cure Laser  (XTAE:BCUR) 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%.


Erika B-Cure Laser Equity-to-Asset Related Terms

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Erika B-Cure Laser (XTAE:BCUR) Business Description

Traded in Other Exchanges
N/A
Address
Nahum Hat 5, Entrance 2, Haifa, ISR, 3508504
Erika B-Cure Laser Ltd is engaged in the development and production of laser devices for the treatment of pain and wounds. Its devices provide treatment for Knee Pain, Lower Back Pain, Neck Pain, Shoulder Pain, Finger Joint pain, and Burns.

Erika B-Cure Laser (XTAE:BCUR) Headlines

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