Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ramsay Health Care's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$4,834 Mil. Ramsay Health Care's Total Assets for the quarter that ended in Dec. 2023 was A$20,638 Mil.
Therefore, Ramsay Health Care's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.
The historical rank and industry rank for Ramsay Health Care's Equity-to-Asset or its related term are showing as below:
ASX:RHC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.23 Max: 0.37
Current: 0.23
During the past 13 years, the highest Equity to Asset Ratio of Ramsay Health Care was 0.37. The lowest was 0.14. And the median was 0.23.
ASX:RHC's Equity-to-Asset is ranked worse than 78.07% of 675
companies
in the Healthcare Providers & Services industry
Industry Median: 0.47
vs ASX:RHC: 0.23
Ramsay Health Care Equity-to-Asset Historical Data
The historical data trend for Ramsay Health Care'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 Ramsay Health Care's Equity-to-Asset
For the Medical Care Facilities subindustry, Ramsay Health Care'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.
Ramsay Health Care's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's Equity-to-Asset falls into.
Ramsay Health Care 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.
Ramsay Health Care'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.
Ramsay Health Care (ASX:RHC) 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%.
Ramsay Health Care Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Ramsay Health Care's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:RHC has been successfully added to your 