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Imagion Biosystems (ASX:IBX) Equity-to-Asset : -0.83 (As of Dec. 2023)


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What is Imagion Biosystems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imagion Biosystems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-3.79 Mil. Imagion Biosystems's Total Assets for the quarter that ended in Dec. 2023 was A$4.59 Mil. Therefore, Imagion Biosystems's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.83.

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

ASX:IBX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.83   Med: 0.75   Max: 0.94
Current: -0.83

During the past 7 years, the highest Equity to Asset Ratio of Imagion Biosystems was 0.94. The lowest was -0.83. And the median was 0.75.

ASX:IBX's Equity-to-Asset is ranked worse than
94.02% of 234 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.59 vs ASX:IBX: -0.83

Imagion Biosystems Equity-to-Asset Historical Data

The historical data trend for Imagion Biosystems'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.

Imagion Biosystems Equity-to-Asset Chart

Imagion Biosystems Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.61 0.92 0.94 0.47 -0.83

Imagion Biosystems Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 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 0.94 0.58 0.47 -0.28 -0.83

Competitive Comparison of Imagion Biosystems's Equity-to-Asset

For the Diagnostics & Research subindustry, Imagion Biosystems'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.


Imagion Biosystems's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Imagion Biosystems's Equity-to-Asset distribution charts can be found below:

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



Imagion Biosystems 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.

Imagion Biosystems'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
=-3.788/4.586
=-0.83

Imagion Biosystems'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
=-3.788/4.586
=-0.83

* 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.


Imagion Biosystems  (ASX:IBX) 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%.


Imagion Biosystems Equity-to-Asset Related Terms

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Imagion Biosystems (ASX:IBX) Business Description

Traded in Other Exchanges
N/A
Address
5601 Oberlin Drive, Suite 100, San Diego, CA, USA, 92121
Imagion Biosystems Ltd operates in the field of non-invasive detection of specific solid tumor cancers by use of magnetic nanoparticles. The company only operating segment - Research and Development. Its principal business activities consist of nanotechnology, biotechnology, cancer diagnostics and medical imaging using Superparamagnetic Relaxometry. In addition, the company is engaged in the research and development of its clinical phase lead product which is intended for the detection and staging of metastatic HER2 breast cancer.

Imagion Biosystems (ASX:IBX) Headlines

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