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Lanka Hospitals (COL:LHCL.N0000) Equity-to-Asset : 0.77 (As of Dec. 2024)


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What is Lanka Hospitals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lanka Hospitals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was රු14,271 Mil. Lanka Hospitals's Total Assets for the quarter that ended in Dec. 2024 was රු18,515 Mil. Therefore, Lanka Hospitals's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.77.

The historical rank and industry rank for Lanka Hospitals's Equity-to-Asset or its related term are showing as below:

COL:LHCL.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.77   Max: 0.8
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Lanka Hospitals was 0.80. The lowest was 0.70. And the median was 0.77.

COL:LHCL.N0000's Equity-to-Asset is ranked better than
83.24% of 686 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs COL:LHCL.N0000: 0.77

Lanka Hospitals Equity-to-Asset Historical Data

The historical data trend for Lanka Hospitals'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.

* Premium members only.

Lanka Hospitals Equity-to-Asset Chart

Lanka Hospitals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.78 0.78 0.77 0.77

Lanka Hospitals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.74 0.75 0.75 0.77

Competitive Comparison of Lanka Hospitals's Equity-to-Asset

For the Medical Care Facilities subindustry, Lanka Hospitals'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.


Lanka Hospitals's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lanka Hospitals's Equity-to-Asset distribution charts can be found below:

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


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Lanka Hospitals 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.

Lanka Hospitals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=14271.275/18514.837
=0.77

Lanka Hospitals's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=14271.275/18514.837
=0.77

* 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.


Lanka Hospitals  (COL:LHCL.N0000) 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%.


Lanka Hospitals Equity-to-Asset Related Terms

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


Lanka Hospitals Business Description

Traded in Other Exchanges
N/A
Address
No. 578, Elvitigala Mawatha, Narahenpita, Colombo, LKA, 05
Lanka Hospitals Corp PLC is a Sri Lanka-based company providing healthcare services. The company offers medical services such as emergency services, kidney care centers, health checks, eye clinics, blood banks, dental clinics, and dermatology services. The company also provides surgical, emergency care, laboratory, and testing services. Geographically, all the firm's business activity is operated in Sri Lanka.

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