Medi Assist Healthcare Services (BOM:544088) Equity-to-Asset : 0.46 (As of Sep. 2024)

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What is Medi Assist Healthcare Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medi Assist Healthcare Services's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹4,884 Mil. Medi Assist Healthcare Services's Total Assets for the quarter that ended in Sep. 2024 was ₹10,690 Mil. Therefore, Medi Assist Healthcare Services's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.46.

The historical rank and industry rank for Medi Assist Healthcare Services's Equity-to-Asset or its related term are showing as below:

BOM:544088' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.53 Max: 0.56
Current: 0.46

During the past 4 years, the highest Equity to Asset Ratio of Medi Assist Healthcare Services was 0.56. The lowest was 0.46. And the median was 0.53.

BOM:544088's Equity-to-Asset is ranked better than
61.9% of 21 companies
in the Healthcare Plans industry
Industry Median: 0.33 vs BOM:544088: 0.46

Medi Assist Healthcare Services Equity-to-Asset Historical Data

The historical data trend for Medi Assist Healthcare Services'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.

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Medi Assist Healthcare Services Equity-to-Asset Chart

Medi Assist Healthcare Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.53

0.56

0.53

0.56

Medi Assist Healthcare Services Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial			-	0.53	0.51	0.56	0.46

Competitive Comparison of Medi Assist Healthcare Services's Equity-to-Asset

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services's Equity-to-Asset Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Equity-to-Asset falls into.

Medi Assist Healthcare Services 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.

Medi Assist Healthcare Services's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	4717.42	/	8505.84
	=	0.55

Medi Assist Healthcare Services's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	4883.51	/	10689.55
	=	0.46

Medi Assist Healthcare Services (BOM:544088) 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%.

Medi Assist Healthcare Services Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Medi Assist Healthcare Services's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Medi Assist Healthcare Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (BOM:544088) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MEDIASSIST:India

Address

4/1 Bannerghatta Road, Tower D, 4th floor, IBC Knowledge Park, Bengaluru, KA, IND, 560029

Website

https://www.mediassist.in

Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscriptions, software license services, consultancy services, and other allied services pertaining to the healthcare and health insurance sectors. It also offers business support services and other technical services.

Medi Assist Healthcare Services Headlines

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