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Elbit Imaging (Elbit Imaging) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is Elbit Imaging Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elbit Imaging's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16.45 Mil. Elbit Imaging's Total Assets for the quarter that ended in Dec. 2023 was $16.75 Mil. Therefore, Elbit Imaging's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

EMITF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.81   Med: 0.11   Max: 0.98
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Elbit Imaging was 0.98. The lowest was -0.81. And the median was 0.11.

EMITF's Equity-to-Asset is ranked better than
99.66% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs EMITF: 0.98

Elbit Imaging Equity-to-Asset Historical Data

The historical data trend for Elbit Imaging'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 Imaging Equity-to-Asset Chart

Elbit Imaging 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 -0.81 0.93 0.98 0.98 0.98

Elbit Imaging Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 0.97 0.98 0.90 0.98

Competitive Comparison of Elbit Imaging's Equity-to-Asset

For the Medical Devices subindustry, Elbit Imaging'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 Imaging's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Elbit Imaging 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 Imaging'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
=16.452/16.745
=

Elbit Imaging'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
=16.452/16.745
=0.98

* 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 Imaging  (OTCPK:EMITF) 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 Imaging Equity-to-Asset Related Terms

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


Elbit Imaging (Elbit Imaging) Business Description

Traded in Other Exchanges
Address
3 Shimshon Street, Olympia A Tower, Petach Tikva, ISR, 4900102
Elbit Imaging Ltd is an Israel based company. The business activity of the group is operated through two segments including Medical industries and devices, and Plots in India. Geographically the business presence is in the region of America, Europe, and ROW. The company derives maximum revenue from the Medical industries and devices segment which operates in the field of life science that includes development, production, and marketing of treatment-oriented medical systems, and for certain cancer diseases in the America region.