Extendicare (Extendicare) Equity-to-Asset

: 0.13 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Extendicare's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $65.5 Mil. Extendicare's Total Assets for the quarter that ended in Dec. 2023 was $501.4 Mil. Therefore, Extendicare's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

EXETF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.18
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Extendicare was 0.18. The lowest was 0.00. And the median was 0.13.

EXETF's Equity-to-Asset is ranked worse than
85.1% of 671 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs EXETF: 0.13

Extendicare Equity-to-Asset Historical Data

The historical data trend for Extendicare'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.

Extendicare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.13

0.11

0.13

Extendicare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.13	0.14	0.12	0.14	0.13

Competitive Comparison

For the Medical Care Facilities subindustry, Extendicare'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.

Extendicare Equity-to-Asset Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Extendicare's Equity-to-Asset distribution charts can be found below:

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

Extendicare 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.

Extendicare'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
	=	65.534	/	501.439
	=	0.13

Extendicare'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
	=	65.534	/	501.439
	=	0.13

Extendicare (OTCPK:EXETF) 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%.

Extendicare Equity-to-Asset Related Terms

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Extendicare (Extendicare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Extendicare Inc (OTCPK:EXETF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

5XE:Germany EXE:Canada

Address

3000 Steeles Avenue East, Suite 700, Markham, ON, CAN, L3R 9W2

Website

https://www.extendicare.com

Extendicare Inc is a senior care provider in Canada, focused on long-term care and home health care. The company has three main business segments namely Long-term Care, Home Health Care, and Managed Services. The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba. The Home Health Care segment, operating under the ParaMed brand, provides more than 9 million hours of home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia. The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.