Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Agile Therapeutics's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-21.91 Mil. Agile Therapeutics's Total Assets for the quarter that ended in Jun. 2024 was $14.96 Mil.
Therefore, Agile Therapeutics's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -1.46.
The historical rank and industry rank for Agile Therapeutics's Equity-to-Asset or its related term are showing as below:
AGRX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.59 Med: 0.67 Max: 0.94
Current: -1.46
During the past 12 years, the highest Equity to Asset Ratio of Agile Therapeutics was 0.94. The lowest was -1.59. And the median was 0.67.
AGRX's Equity-to-Asset is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.6
vs AGRX: -1.46
Agile Therapeutics Equity-to-Asset Historical Data
The historical data trend for Agile Therapeutics'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.
Competitive Comparison of Agile Therapeutics's Equity-to-Asset
For the Drug Manufacturers - Specialty & Generic subindustry, Agile Therapeutics'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.
Agile Therapeutics's Equity-to-Asset Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Agile Therapeutics's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Agile Therapeutics's Equity-to-Asset falls into.
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.
Agile Therapeutics's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Agile Therapeutics Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Agile Therapeutics's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Agile Therapeutics Inc is a women's healthcare company to fulfill the unmet health needs of women. Its product candidates are designed to provide women with contraceptive options. The firm's initial product, Twirla, (levonorgestrel and ethinyl estradiol) transdermal system is a non-daily prescription contraceptive. Twirla is based on proprietary transdermal patch technology, called Skinfusion, which is designed to allow drug delivery through the skin. The Company views its operations and manages its business in one operating and reporting segment, which is the business of commercializing its transdermal patch for use in contraception.
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