GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Triple-S Management Corp (NYSE:GTS) » Definitions » Equity-to-Asset

Triple-S Management (Triple-S Management) Equity-to-Asset : 0.32 (As of Sep. 2021)


View and export this data going back to 2007. Start your Free Trial

What is Triple-S Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Triple-S Management's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $1,018 Mil. Triple-S Management's Total Assets for the quarter that ended in Sep. 2021 was $3,192 Mil. Therefore, Triple-S Management's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.32.

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

GTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 0.41
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Triple-S Management was 0.41. The lowest was 0.23. And the median was 0.32.

GTS's Equity-to-Asset is not ranked
in the Healthcare Plans industry.
Industry Median: 0.33 vs GTS: 0.32

Triple-S Management Equity-to-Asset Historical Data

The historical data trend for Triple-S Management'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.

Triple-S Management Equity-to-Asset Chart

Triple-S Management Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.29 0.30 0.34 0.31

Triple-S Management Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.32 0.31 0.31 0.31 0.32

Competitive Comparison of Triple-S Management's Equity-to-Asset

For the Healthcare Plans subindustry, Triple-S Management'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.


Triple-S Management's Equity-to-Asset Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Triple-S Management's Equity-to-Asset distribution charts can be found below:

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



Triple-S Management 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.

Triple-S Management's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=968.23/3088.418
=0.31

Triple-S Management's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=1017.674/3191.666
=0.32

* 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.


Triple-S Management  (NYSE:GTS) 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%.


Triple-S Management Equity-to-Asset Related Terms

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


Triple-S Management (Triple-S Management) Business Description

Traded in Other Exchanges
N/A
Address
1441 F.D. Roosevelt Avenue, San Juan, PRI, 00920
Triple-S Management Corp is a diversified insurance provider that operates in Puerto Rico. The company operates three segments including Managed Care, Life insurance; and Property and casualty insurance. It generates the vast majority of its revenue through premiums earned from the sale of managed care products to the Commercial, Medicare Advantage, and Medicaid sectors. Triple-S generally receives revenues from premiums, administrative service fees, and investment income.
Executives
Arturo Carrion officer: President, Triple-S Vida, Inc. PO BOX 363628 SAN JUAN PR 00936-3628
Juan R Serrano officer: Chief Strategy & HCD Officer PO BOX 363628 SAN JUAN PR 00936
Stephen Ondra director 150 ALLEN ROAD, SUITE 201, BASKING RIDGE NJ 07920
Joseph A. Frick director ONE COMMERCE SQUARE 2005 MARKET ST., SUITE 3300 19103 PR 19073
Chafey David H Jr director P O BOX 362708, SAN JUAN PR 936-2708
Gail Boxer Marcus director 201 INDUSTRIAL ROAD, SUITE 410, SAN CARLOS CA 94070
Manuel Figueroa director P.O. BOX 363628 SAN JUAN PR 00936-3628
Luis A Clavell director PO BOX 363628 SAN JUAN PR 00936-3628
Cari M Dominguez director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Maria-ros Roberto Santa director 1441 F.D. ROOSEVELT AVE 6TH FLOOR SAN JUAN PR 00936
Ilia Rodriguez officer: Chief Human Resources Officer 1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00836
Pedro Aponte officer: Chief Information Officer 1441 F.D ROOSEVELT AVENUE, 6TH FLOOR SAN JUAN PR 00936
Ivelisse Fernandez officer: CMCO 1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Del Amo Mojica Jose officer: President, TSP and TIA 1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Jose E. Novoa-loyola officer: Chief Medical Officer 1441 F.D ROOSEVELT AVE. 6TH FLOOR SAN JUAN PR 00936

Triple-S Management (Triple-S Management) Headlines

From GuruFocus