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Health Management Associates, Inc. (NYSE:HMA)
Equity to Asset Ratio
0.15 (As of Sep. 2013)

Equity to Asset ratio is calculated as shareholder’s tangible equity divided by its total asset. Health Management Associates, Inc.'s total equity for the quarter that ended in Sep. 2013 was $997 Mil. Health Management Associates, Inc.'s total assets for the quarter that ended in Sep. 2013 was $6,625 Mil. Therefore, Health Management Associates, Inc.'s Equity to Asset Ratio for the quarter that ended in Sep. 2013 was 0.15.

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

HMA's Equity to Assetis ranked lower than
71% of the 234 Companies
in the Global Medical Care industry.

( Industry Median: 0.45 vs. HMA: 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 shareholder’s tangible equity divided by its total asset.

Health Management Associates, 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
=978.405/6386.354
=0.15

Health Management Associates, Inc.'s Equity to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Equity to Asset (Q: Sep. 2013 )=Total Equity/Total Assets
=996.955/6624.903
=0.15

* 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.

Health Management Associates, Inc. Annual Data

Sep03Sep04Sep05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
equity2asset 0.550.570.570.540.020.040.080.110.130.15

Health Management Associates, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
equity2asset 0.130.130.130.140.140.150.150.160.160.15
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