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Vincent Medical Holdings (HKSE:01612) Equity-to-Asset : 0.69 (As of Dec. 2023)


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What is Vincent Medical Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vincent Medical Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$541.8 Mil. Vincent Medical Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$786.6 Mil. Therefore, Vincent Medical Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

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

HKSE:01612' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.69   Max: 0.71
Current: 0.69

During the past 11 years, the highest Equity to Asset Ratio of Vincent Medical Holdings was 0.71. The lowest was 0.47. And the median was 0.69.

HKSE:01612's Equity-to-Asset is ranked better than
57.04% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs HKSE:01612: 0.69

Vincent Medical Holdings Equity-to-Asset Historical Data

The historical data trend for Vincent Medical 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.

* Premium members only.

Vincent Medical Holdings Equity-to-Asset Chart

Vincent Medical Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.65 0.71 0.69 0.69

Vincent Medical Holdings Semi-Annual Data
Dec13 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 0.71 0.69 0.69 0.74 0.69

Competitive Comparison of Vincent Medical Holdings's Equity-to-Asset

For the Medical Devices subindustry, Vincent Medical 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.


Vincent Medical Holdings's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vincent Medical Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vincent Medical Holdings's Equity-to-Asset falls into.



Vincent Medical 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.

Vincent Medical Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=541.843/786.609
=0.69

Vincent Medical Holdings'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
=541.843/786.609
=0.69

* 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.


Vincent Medical Holdings  (HKSE:01612) 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%.


Vincent Medical Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vincent Medical Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vincent Medical Holdings (HKSE:01612) Business Description

Traded in Other Exchanges
N/A
Address
22 Tak Fung Street, Units 1604-07A, 16th Floor, Two Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG
Vincent Medical Holdings Ltd is an investment holding company engaged in the manufacturing and selling of medical devices. The company operates in two segments: OEM (original equipment manufacturing) and OBM (original brand manufacturing). The OEM segment manufactures products as per the customer requirement. The OBM segment includes research, development, manufacturing, marketing, and sales of medical devices under Inspired Medical, Hand of Hope, and Hypnus brands. Its product categories include Respiratory products, Imaging disposable products, Orthopaedic and rehabilitation products, and Others. Its geographical segments are United States, The PRC, Japan, Costa Rica, The Netherlands, Spain, Germany, Hong Kong, Turkey, Canada, India, Thailand, Vietnam and Others.
Executives
Choi Man Shing 2101 Beneficial owner
Liu Pui Ching 2202 Interest of your spouse
Vincent Raya International Limited

Vincent Medical Holdings (HKSE:01612) Headlines

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