CardioGenics Holdings (CardioGenics Holdings) Equity-to-Asset : -3.20 (As of Jan. 2016)

CardioGenics Holdings Equity-to-Asset Chart

CardioGenics Holdings Annual Data
	Trend	Jul06	Jul07	Jul08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15
Equity-to-Asset		Get a 7-Day Free Trial					0.75	-0.44	-1.02	-4.28	-6.74

CardioGenics Holdings Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
Equity-to-Asset	Get a 7-Day Free Trial															-5.70	-5.76	-6.95	-6.74	-3.20

Competitive Comparison of CardioGenics Holdings's Equity-to-Asset

For the Diagnostics & Research subindustry, CardioGenics 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.

CardioGenics Holdings's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CardioGenics Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CardioGenics Holdings's Equity-to-Asset falls into.

CardioGenics 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.

CardioGenics Holdings's Equity to Asset Ratio for the fiscal year that ended in Oct. 2015 is calculated as

CardioGenics Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2016 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.

CardioGenics Holdings  (OTCPK:CGNH) 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%.

CardioGenics Holdings Equity-to-Asset Related Terms

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CardioGenics Holdings (CardioGenics Holdings) Business Description