Equity to Asset ratio is calculated as total stockholders equity divided by total asset. InteliCare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.93 Mil. InteliCare Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$1.88 Mil.
Therefore, InteliCare Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.
The historical rank and industry rank for InteliCare Holdings's Equity-to-Asset or its related term are showing as below:
ASX:ICR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.75 Max: 0.85
Current: 0.49
During the past 4 years, the highest Equity to Asset Ratio of InteliCare Holdings was 0.85. The lowest was 0.38. And the median was 0.75.
ASX:ICR's Equity-to-Asset is ranked better than 53.76% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 0.46
vs ASX:ICR: 0.49
InteliCare Holdings Equity-to-Asset Historical Data
The historical data trend for InteliCare Holdings'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 InteliCare Holdings's Equity-to-Asset
For the Health Information Services subindustry, InteliCare Holdings'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.
InteliCare Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, InteliCare Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where InteliCare Holdings's Equity-to-Asset falls into.
InteliCare Holdings 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.
InteliCare Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 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%.
InteliCare Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of InteliCare Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
InteliCare Holdings (ASX:ICR) Business Description
InteliCare Holdings Ltd is an Australian firm engaged in healthcare solutions through hardware, software service packaging which supports aging or disabled persons. Its platform provides families and caregivers with a real-time view of the well-being of people in an independent living environment. Business software uses discreet sensors that are placed around the home, in doorways and on key appliances, designed to gather information on movement, activity levels, temperature and more, to relay information about behaviour such as sleeping patterns, social outings, meal preparation, any potential health issues etc. The product portfolio includes InteliCare Hub, Smart sensors, Downloadable Applications, and Optional Duress Pendants. Substantial revenue comes from hardware sales.
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