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Elbit Medical Technologies (XTAE:EMTC-M) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Elbit Medical Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elbit Medical Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪26.82 Mil. Elbit Medical Technologies's Total Assets for the quarter that ended in Dec. 2023 was ₪27.56 Mil.

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

XTAE:EMTC-M' s Equity-to-Asset Range Over the Past 10 Years
Min: -470.47   Med: -0.26   Max: 0.98
Current: 0.97

During the past 12 years, the highest Equity to Asset Ratio of Elbit Medical Technologies was 0.98. The lowest was -470.47. And the median was -0.26.

XTAE:EMTC-M's Equity-to-Asset is ranked better than
99.08% of 867 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XTAE:EMTC-M: 0.97

Elbit Medical Technologies Equity-to-Asset Historical Data

The historical data trend for Elbit Medical Technologies'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.

Elbit Medical Technologies Equity-to-Asset Chart

Elbit Medical Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.66 0.56 0.98 0.98 0.97

Elbit Medical Technologies Semi-Annual Data
Dec13 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 Premium Member Only 0.98 0.98 0.98 0.99 0.97

Competitive Comparison of Elbit Medical Technologies's Equity-to-Asset

For the Medical Devices subindustry, Elbit Medical Technologies'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.


Elbit Medical Technologies's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Elbit Medical Technologies 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.

Elbit Medical Technologies'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
=26.823/27.555
=

Elbit Medical Technologies'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
=26.823/27.555
=

* 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.


Elbit Medical Technologies  (XTAE:EMTC-M) 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%.


Elbit Medical Technologies Equity-to-Asset Related Terms

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


Elbit Medical Technologies (XTAE:EMTC-M) Business Description

Traded in Other Exchanges
N/A
Address
Shimshon Street 3, Petah Tikva, ISR, 4900102
Elbit Medical Technologies Ltd is a holding company in the biomedical field. It has investments in two subsidiaries namely, InSightec & Gamida Cell. Through these divisions it develops & markets magnetic resonance imaging guided ultrasound equipment & develops stem cell therapeutics & future regenerative cell-based medicines.

Elbit Medical Technologies (XTAE:EMTC-M) Headlines

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