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Coventry Health Care, Inc. (NYSE:CVH)
Equity to Asset Ratio
0.54 (As of Mar. 2013)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Coventry Health Care, Inc.'s total equity for the quarter that ended in Mar. 2013 was $4,836 Mil. Coventry Health Care, Inc.'s total assets for the quarter that ended in Mar. 2013 was $8,955 Mil. Therefore, Coventry Health Care, Inc.'s Equity to Asset Ratio for the quarter that ended in Mar. 2013 was 0.54.

CVH' s 10-Year Equity to Asset Range
Min: 0   Max: 0
Current: 0

CVH's Equity to Assetis ranked lower than
68% of the 34 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.37 vs. CVH: 0.00 )

Definition

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 shareholders' equity by total assets.

Coventry Health Care, Inc.'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Equity/Total Assets
=4722.915/8750.988
=0.54

Coventry Health Care, Inc.'s Equity to Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

Equity to Asset (Q: Mar. 2013 )=Total Equity/Total Assets
=4836.003/8955.277
=0.54

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 Return on Equity 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%.


Related Terms

Return on Equity, Total Assets, Total Equity


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coventry Health Care, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
equity2asset 0.470.520.520.520.460.440.460.490.510.54

Coventry Health Care, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
equity2asset 0.490.500.510.500.510.520.510.530.540.54
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