AHGIF (Alternate Health) Equity-to-Asset: -0.01 (As of Sep. 2019)

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What is Alternate Health Equity-to-Asset?

Alternate Health AHGIF -99.00% Equity-to-Asset is -0.01 as of Sep. 2019.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alternate Health's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.15 Mil. Alternate Health's Total Assets for the quarter that ended in Sep. 2019 was $23.01 Mil. Therefore, Alternate Health's Equity to Asset Ratio for the quarter that ended in Sep. 2019 was -0.01.

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

AHGIF's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Equity-to-Asset only.

Alternate Health  (OTCPK:AHGIF) 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%.

Alternate Health Equity-to-Asset Related Terms

Alternate Health Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Alternate Health'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.

Alternate Health Equity-to-Asset Chart

Alternate Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
0.00 0.22 0.56 0.81 0.11

Alternate Health Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.44 0.11 -0.12 -0.10 -0.01

AHGIF vs VEEV, CERN, TDOC: Equity-to-Asset Comparison

For the Health Information Services subindustry, Alternate Health'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.

Alternate Health Equity-to-Asset vs Healthcare Providers & Services Industry

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

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


Alternate Health 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.

Alternate Health's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=0.8/7.154
=0.11

Alternate Health's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=-0.147/23.008
=-0.01

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.01 mean?
Alternate Health (AHGIF) has a Equity-to-Asset of -0.01 as of Sep. 2019. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alternate Health and its competitors.
Is Alternate Health's Equity-to-Asset too high?
Alternate Health's current Equity-to-Asset is -0.01.
How does Alternate Health's Equity-to-Asset compare to VEEV and CERN?
Alternate Health's Equity-to-Asset of -0.01 can be compared against companies in the Healthcare Providers & Services industry. The industry median Equity-to-Asset is 0.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alternate Health and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternate Health's current Equity-to-Asset is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternate Health stock overvalued right now?
Alternate Health (AHGIF) has a current Equity-to-Asset of -0.01. The current Equity-to-Asset is -0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Alternate Health (AHGIF), the current Equity-to-Asset is -0.01 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alternate Health Business Description

Address 7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209
Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.