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Paragon Care (FRA:PXS) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Paragon Care Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Paragon Care's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €154.1 Mil. Paragon Care's Total Assets for the quarter that ended in Dec. 2023 was €293.6 Mil. Therefore, Paragon Care's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

FRA:PXS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.51   Max: 0.68
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Paragon Care was 0.68. The lowest was 0.38. And the median was 0.51.

FRA:PXS's Equity-to-Asset is ranked better than
65.35% of 101 companies
in the Medical Distribution industry
Industry Median: 0.38 vs FRA:PXS: 0.53

Paragon Care Equity-to-Asset Historical Data

The historical data trend for Paragon Care'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.

Paragon Care Equity-to-Asset Chart

Paragon Care Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.38 0.42 0.54 0.54

Paragon Care Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.45 0.54 0.53 0.54 0.53

Competitive Comparison of Paragon Care's Equity-to-Asset

For the Medical Distribution subindustry, Paragon Care'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.


Paragon Care's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Paragon Care's Equity-to-Asset distribution charts can be found below:

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



Paragon Care 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.

Paragon Care's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=150.436/277.841
=0.54

Paragon Care's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=154.082/293.615
=0.52

* 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.


Paragon Care  (FRA:PXS) 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%.


Paragon Care Equity-to-Asset Related Terms

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Paragon Care (FRA:PXS) Business Description

Traded in Other Exchanges
Address
77-97 Ricketts Road, Mount Waverley, VIC, AUS, 3149
Paragon Care Ltd is a medical device company. It is a provider of medical equipment, devices, and consumables to the healthcare market. The company provides solutions to various healthcare markets Aged care; Hospital and Acute care; Primary Care; Eye Care; Storage Solutions; and E-Health. The group is organized into four operating segments: Diagnostic and Scientific, Devices, Capital and Consumables, and Service and Technology and the majority of its revenues are generated from services and technology.

Paragon Care (FRA:PXS) Headlines

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