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Health-Chem (Health-Chem) Equity-to-Asset : -2.97 (As of Jun. 2007)


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What is Health-Chem Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Health-Chem's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-16.43 Mil. Health-Chem's Total Assets for the quarter that ended in Jun. 2007 was $5.54 Mil. Therefore, Health-Chem's Equity to Asset Ratio for the quarter that ended in Jun. 2007 was -2.97.

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

HCLC's Equity-to-Asset is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Health-Chem Equity-to-Asset Historical Data

The historical data trend for Health-Chem'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.

Health-Chem Equity-to-Asset Chart

Health-Chem Annual Data
Trend Dec91 Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec04 Dec05 Dec06
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.13 -1.67 -2.14 -2.86

Health-Chem Quarterly Data
Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec04 Dec05 Mar06 Jun06 Dec06 Mar07 Jun07
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 - - -2.86 -3.24 -2.97

Competitive Comparison of Health-Chem's Equity-to-Asset

For the Diagnostics & Research subindustry, Health-Chem'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.


Health-Chem's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Health-Chem's Equity-to-Asset distribution charts can be found below:

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



Health-Chem 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.

Health-Chem's Equity to Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Equity to Asset (A: Dec. 2006 )=Total Stockholders Equity/Total Assets
=-16.589/5.793
=-2.86

Health-Chem's Equity to Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

Equity to Asset (Q: Jun. 2007 )=Total Stockholders Equity/Total Assets
=-16.434/5.537
=-2.97

* 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.


Health-Chem  (OTCPK:HCLC) 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%.


Health-Chem Equity-to-Asset Related Terms

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Health-Chem (Health-Chem) Business Description

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