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Oceania HealthcareASX:OCA +0.75%47 Equity-to-Asset is 0.38 as of Mar. 2026, which is at its 10-year median of 0.38. GuruFocus rates ASX:OCA with a GF Score™ of 47/100 and a GF Value™ of A$0.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 684 Healthcare Providers & Services companies, Oceania Healthcare ranks worse than 61.99% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oceania Healthcare's Total Stockholders Equity for the quarter that ended in Mar. 2026 was A$981.6 Mil. Oceania Healthcare's Total Assets for the quarter that ended in Mar. 2026 was A$2,563.4 Mil.
Therefore, Oceania Healthcare's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.38.
The historical rank and industry rank for Oceania Healthcare's Equity-to-Asset or its related term are showing as below:
ASX:OCA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.38 Max: 0.51
Current: 0.38
During the past 9 years, the highest Equity to Asset Ratio of Oceania Healthcare was 0.51. The lowest was 0.37. And the median was 0.38.
ASX:OCA's Equity-to-Asset is ranked worse than 61.99% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 0.485
vs ASX:OCA: 0.38
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%.
Oceania Healthcare Equity-to-Asset Related Terms
Oceania Healthcare Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Oceania Healthcare'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:OCA vs HCA, THC, DVA: Equity-to-Asset Comparison
For the Medical Care Facilities subindustry, Oceania Healthcare'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.
Oceania Healthcare Equity-to-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Oceania Healthcare'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.
Oceania Healthcare's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Oceania Healthcare (ASX:OCA) has a Equity-to-Asset of 0.38 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Oceania Healthcare and its competitors. This is near median its historical median of 0.38. Over the past decade, Oceania Healthcare's Equity-to-Asset has ranged from 0.37 to 0.51. According to the industry distribution chart, Oceania Healthcare ranks #424 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 62%.
Is Oceania Healthcare's Equity-to-Asset too high?
Oceania Healthcare's current Equity-to-Asset of 0.38 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.51. The Healthcare Providers & Services industry median Equity-to-Asset is 0.49. Oceania Healthcare's value of 0.38 is 21.6% below this industry median. Based on the distribution chart, Oceania Healthcare ranks #424 out of 684 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Oceania Healthcare has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oceania Healthcare's Equity-to-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Oceania Healthcare ranks #424 out of 684 companies for Equity-to-Asset. This places Oceania Healthcare in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Oceania Healthcare's value of 0.38 is 21.6% below this benchmark. Historically, Oceania Healthcare's own Equity-to-Asset has ranged from 0.37 to 0.51 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.49, Oceania Healthcare 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. Oceania Healthcare's current Equity-to-Asset of 0.38 is 21.6% 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 Oceania Healthcare 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. Oceania Healthcare's current Equity-to-Asset is 0.38, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceania Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Oceania Healthcare (ASX:OCA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.82, compared to a current price of A$0.67 — trading 18.3% below its estimated fair value. The current Equity-to-Asset is 0.38, which is near median its 10-year median of 0.38 and 21.6% below the Healthcare Providers & Services industry median of 0.49. Oceania Healthcare's overall GF Score™ is 47/100 with 4 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 Oceania Healthcare (ASX:OCA), the current Equity-to-Asset is 0.38 as of Mar. 2026. 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.
Is Oceania Healthcare (ASX:OCA) Overvalued in 2026?
Based on GuruFocus' analysis, Oceania Healthcare stock appears to be undervalued.
The current stock price of A$0.67 is trading 18.3% below its estimated GF Value™ of A$0.82.
GuruFocus considers Oceania Healthcare to be Modestly Undervalued.
Key valuation signals for ASX:OCA:
Equity-to-Asset: 0.38 (near median its 10-year median of 0.38)
GF Value™: A$0.82 vs. price of A$0.67 (18.3% below fair value)
Industry Position: 21.6% below the Healthcare Providers & Services median (#424 of 684)
No single metric tells the full story. See the ASX:OCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and other segments. The company generates maximum revenue from the care operations segment, which includes traditional care beds and care suites as well as the provision of accommodation, care, care packages, meals, and related services to aged care residents. Geographically, it operates throughout New Zealand. The company derives revenue from Rest homes, hospitals, dementia fees, and others.
47GF Score
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