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Healthsource Inc (NYSE:HS)
Equity to Asset Ratio
0.37 (As of Mar. 2097)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Healthsource Inc's total equity for the quarter that ended in Mar. 2097 was \$392.50 Mil. Healthsource Inc's total assets for the quarter that ended in Mar. 2097 was \$1,053.14 Mil. Therefore, Healthsource Inc's Equity to Asset Ratio for the quarter that ended in Mar. 2097 was 0.37.

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.

Healthsource Inc's Equity to Asset Ratio for the fiscal year that ended in Dec. 2096 is calculated as

 Equity to Asset (A: Dec. 2096 ) = Total Equity / Total Assets = 385.425 / 1006.9 = 0.38

Healthsource Inc's Equity to Asset Ratio for the quarter that ended in Mar. 2097 is calculated as

 Equity to Asset (Q: Mar. 2097 ) = Total Equity / Total Assets = 392.503 / 1053.137 = 0.37

* 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

Historical Data

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

Healthsource Inc Annual Data

 Dec95 Dec96 equity2asset 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.38

Healthsource Inc Quarterly Data

 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 equity2asset 0.00 0.00 0.00 0.00 0.56 0.41 0.41 0.41 0.38 0.37
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