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MetlifecareASX:MEQ 4 Equity-to-Asset is 0.43 as of Jun. 2020, which is 2% above its 10-year median of 0.42. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metlifecare's Total Stockholders Equity for the quarter that ended in Jun. 2020 was A$1,432.41 Mil. Metlifecare's Total Assets for the quarter that ended in Jun. 2020 was A$3,336.11 Mil.
Therefore, Metlifecare's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was 0.43.
The historical rank and industry rank for Metlifecare's Equity-to-Asset or its related term are showing as below:
ASX:MEQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.42 Max: 0.74
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Metlifecare was 0.74. The lowest was 0.36. And the median was 0.42.
ASX:MEQ's Equity-to-Asset is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.485
vs ASX:MEQ: 0.43
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%.
Metlifecare Equity-to-Asset Related Terms
Metlifecare Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Metlifecare'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.
ASX:MEQ vs HCA, DVA, UHS: Equity-to-Asset Comparison
For the Medical Care Facilities subindustry, Metlifecare'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.
Metlifecare Equity-to-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Metlifecare's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Metlifecare'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.
Metlifecare's Equity to Asset Ratio for the fiscal year that ended in Jun. 2020 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.
Metlifecare (ASX:MEQ) has a Equity-to-Asset of 0.43 as of Jun. 2020. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Metlifecare and its competitors. This is near median its historical median of 0.42. Over the past decade, Metlifecare's Equity-to-Asset has ranged from 0.36 to 0.74.
Is Metlifecare's Equity-to-Asset too high?
Metlifecare's current Equity-to-Asset of 0.43 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.74. The Healthcare Providers & Services industry median Equity-to-Asset is 0.49. Metlifecare's value of 0.43 is 11.3% below this industry median. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Equity-to-Asset compare to HCA and DVA?
Metlifecare's Equity-to-Asset of 0.43 can be compared against companies in the Healthcare Providers & Services industry. The industry median Equity-to-Asset is 0.49. Metlifecare's value of 0.43 is 11.3% below this benchmark. Historically, Metlifecare's own Equity-to-Asset has ranged from 0.36 to 0.74 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.49, Metlifecare has consistently been below the industry average. 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 0.49, based on 684 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. Metlifecare's current Equity-to-Asset of 0.43 is 11.3% below the industry median. 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 Metlifecare and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metlifecare's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Equity-to-Asset of 0.43. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.42 and 11.3% below the Healthcare Providers & Services industry median of 0.49. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. 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 Metlifecare (ASX:MEQ), the current Equity-to-Asset is 0.43 as of Jun. 2020. 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.
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.
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