HCARW (Healthcare Services Acquisition) Equity-to-Asset: 0.95 (As of Sep. 2022) — Near Median

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HCARW Healthcare Services Acquisition Corp HCARW
23 GF Score
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What is Healthcare Services Acquisition Equity-to-Asset?

Healthcare Services Acquisition HCARW 23 Equity-to-Asset is 0.95 as of Sep. 2022, which is 3% above its 10-year median of 0.92. GuruFocus rates HCARW with a GF Score™ of 23/100. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Healthcare Services Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $315.41 Mil. Healthcare Services Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $333.14 Mil.

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

HCARW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.92   Max: 0.95
Current: 0.95

During the past 2 years, the highest Equity to Asset Ratio of Healthcare Services Acquisition was 0.95. The lowest was 0.32. And the median was 0.92.

HCARW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.91 vs HCARW: 0.95

Healthcare Services Acquisition  (NAS:HCARW) 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%.


Healthcare Services Acquisition Equity-to-Asset Related Terms


Healthcare Services Acquisition Equity-to-Asset Historical Data

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The historical data trend for Healthcare Services Acquisition'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.

Healthcare Services Acquisition Equity-to-Asset Chart

Healthcare Services Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.88 0.91

Healthcare Services Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.91 0.91 0.93 0.94 0.95

HCARW vs GATE, BYTS, GMBT: Equity-to-Asset Comparison

For the Shell Companies subindustry, Healthcare Services Acquisition'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.


Healthcare Services Acquisition Equity-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Healthcare Services Acquisition's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Healthcare Services Acquisition's Equity-to-Asset falls into.


HCARW
23GF Score
Healthcare Services Acquisition Corp HCARW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Healthcare Services Acquisition 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.

Healthcare Services Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=303.817/332.241
=

Healthcare Services Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=315.405/333.139
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.95 mean?
Healthcare Services Acquisition (HCARW) has a Equity-to-Asset of 0.95 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Healthcare Services Acquisition and its competitors. This is near median its historical median of 0.92. Over the past decade, Healthcare Services Acquisition's Equity-to-Asset has ranged from 0.32 to 0.95.
Is Healthcare Services Acquisition's Equity-to-Asset too high?
Healthcare Services Acquisition's current Equity-to-Asset of 0.95 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.95. The Diversified Financial Services industry median Equity-to-Asset is 0.91. Healthcare Services Acquisition's value of 0.95 is 4.4% above this industry median. Overall, Healthcare Services Acquisition has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Healthcare Services Acquisition's Equity-to-Asset compare to GATE and BYTS?
Healthcare Services Acquisition's Equity-to-Asset of 0.95 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.91. Healthcare Services Acquisition's value of 0.95 is 4.4% above this benchmark. Historically, Healthcare Services Acquisition's own Equity-to-Asset has ranged from 0.32 to 0.95 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.91, Healthcare Services Acquisition has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthcare Services Acquisition's current Equity-to-Asset of 0.95 is 4.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Healthcare Services Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthcare Services Acquisition's current Equity-to-Asset is 0.95, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthcare Services Acquisition stock overvalued right now?
Healthcare Services Acquisition (HCARW) has a current Equity-to-Asset of 0.95. The current Equity-to-Asset is 0.95, which is near median its 10-year median of 0.92 and 4.4% above the Diversified Financial Services industry median of 0.91. Healthcare Services Acquisition's overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Healthcare Services Acquisition (HCARW), the current Equity-to-Asset is 0.95 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Healthcare Services Acquisition Business Description

Address 7809 Woodmont Avenue, Suite 200, Bethesda, MD, USA, 20814
Healthcare Services Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
23GF Score

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