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American Oncology Network (American Oncology Network) Equity-to-Asset : -0.24 (As of Mar. 2024)


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What is American Oncology Network Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Oncology Network's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-102.46 Mil. American Oncology Network's Total Assets for the quarter that ended in Mar. 2024 was $421.92 Mil. Therefore, American Oncology Network's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.24.

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

AONCW' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.7   Med: -0.24   Max: 0.24
Current: -0.24

During the past 4 years, the highest Equity to Asset Ratio of American Oncology Network was 0.24. The lowest was -0.70. And the median was -0.24.

AONCW's Equity-to-Asset is ranked worse than
90.91% of 682 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs AONCW: -0.24

American Oncology Network Equity-to-Asset Historical Data

The historical data trend for American Oncology Network'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.

American Oncology Network Equity-to-Asset Chart

American Oncology Network Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.24 0.19 -0.26

American Oncology Network Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.19 - -0.70 -0.26 -0.24

Competitive Comparison of American Oncology Network's Equity-to-Asset

For the Medical Care Facilities subindustry, American Oncology Network'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.


American Oncology Network's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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



American Oncology Network 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.

American Oncology Network'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
=-96.741/374.453
=-0.26

American Oncology Network's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-102.46/421.921
=-0.24

* 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.


American Oncology Network  (OTCPK:AONCW) 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%.


American Oncology Network Equity-to-Asset Related Terms

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


American Oncology Network (American Oncology Network) Business Description

Traded in Other Exchanges
Address
10485 NE 6th Street, Unit 3930, Bellevue, WA, USA, 98004
American Oncology Network Inc Formerly American Oncology Network LLC is an alliance of physicians and seasoned healthcare leaders who provide comprehensive oncology services through 24 oncology practices located in Arkansas, Louisiana, Indiana, Virginia, Ohio, Nevada, Iowa, Missouri, Washington, North Carolina, Michigan, Maryland, South Carolina, Arizona, and Georgia. The Company also provides expertise in drug procurement and payor contracting, along with practice diversification through centralized laboratory and pathology services, as well as specialty pharmacy services.