Numinus Wellness (FRA:LR23) Equity-to-Asset : 0.33 (As of May. 2024)

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What is Numinus Wellness Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Numinus Wellness's Total Stockholders Equity for the quarter that ended in May. 2024 was €3.14 Mil. Numinus Wellness's Total Assets for the quarter that ended in May. 2024 was €9.48 Mil. Therefore, Numinus Wellness's Equity to Asset Ratio for the quarter that ended in May. 2024 was 0.33.

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

FRA:LR23' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.73 Max: 0.96
Current: 0.33

During the past 5 years, the highest Equity to Asset Ratio of Numinus Wellness was 0.96. The lowest was 0.13. And the median was 0.73.

FRA:LR23's Equity-to-Asset is ranked worse than
68.12% of 687 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs FRA:LR23: 0.33

Numinus Wellness Equity-to-Asset Historical Data

The historical data trend for Numinus Wellness'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.

Numinus Wellness Equity-to-Asset Chart

Numinus Wellness Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Equity-to-Asset

0.44

0.55

0.95

0.78

0.58

Numinus Wellness Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Equity-to-Asset	Get a 7-Day Free Trial															0.68	0.58	0.52	0.52	0.33

Competitive Comparison of Numinus Wellness's Equity-to-Asset

For the Medical Care Facilities subindustry, Numinus Wellness'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.

Numinus Wellness's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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

Numinus Wellness 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.

Numinus Wellness's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	9.558	/	16.555
	=	0.58

Numinus Wellness's Equity to Asset Ratio for the quarter that ended in May. 2024 is calculated as

Equity to Asset (Q: May. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	3.135	/	9.478
	=	0.33

Numinus Wellness (FRA:LR23) 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%.

Numinus Wellness Equity-to-Asset Related Terms

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Numinus Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Numinus Wellness Inc (FRA:LR23) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NUMIF:USA NUMI:Canada

Address

801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4

Website

https://www.numinus.ca

Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.

Numinus Wellness Headlines

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