Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EUDA Health Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-5.99 Mil. EUDA Health Holdings's Total Assets for the quarter that ended in Jun. 2023 was $2.08 Mil.
Therefore, EUDA Health Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -2.88.
The historical rank and industry rank for EUDA Health Holdings's Equity-to-Asset or its related term are showing as below:
EUDA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -5.72 Med: -0.1 Max: 0.07
Current: -5.72
During the past 4 years, the highest Equity to Asset Ratio of EUDA Health Holdings was 0.07. The lowest was -5.72. And the median was -0.10.
EUDA's Equity-to-Asset is ranked worse than 97.49% of 677
companies
in the Healthcare Providers & Services industry
Industry Median: 0.46
vs EUDA: -5.72
EUDA Health Holdings Equity-to-Asset Historical Data
The historical data trend for EUDA Health Holdings'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 EUDA Health Holdings's Equity-to-Asset
For the Health Information Services subindustry, EUDA Health 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.
EUDA Health Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, EUDA Health Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where EUDA Health Holdings's Equity-to-Asset falls into.
EUDA Health 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.
EUDA Health Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
EUDA Health Holdings (NAS:EUDA) 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%.
EUDA Health Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of EUDA Health Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
EUDA Health Holdings (EUDA Health Holdings) Business Description
EUDA Health Holdings Ltd is a Singapore-based health technology company that operates a first-of-its-kind Southeast Asian digital healthcare ecosystem aimed at making healthcare affordable and accessible, The company's proprietary unified AI platform quickly assesses a patient's medical history, triages a condition, digitally connects patients with clinicians, and predicts optimal treatment outcomes. The company caters to all stages of care, including wellness and prevention, urgent care and emergencies, pre-existing conditions, and aftercare services. The company operates in two segments namely Medical services and property management services, out of which the company derives its maximum revenue from Medical services.
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