IVD Medical Holding (HKSE:01931) Equity-to-Asset : 0.64 (As of Jun. 2024)

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What is IVD Medical Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IVD Medical Holding's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$3,653 Mil. IVD Medical Holding's Total Assets for the quarter that ended in Jun. 2024 was HK$5,736 Mil. Therefore, IVD Medical Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.64.

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

HKSE:01931' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.7 Max: 0.91
Current: 0.64

During the past 8 years, the highest Equity to Asset Ratio of IVD Medical Holding was 0.91. The lowest was 0.62. And the median was 0.70.

HKSE:01931's Equity-to-Asset is ranked better than
77.88% of 104 companies
in the Medical Distribution industry
Industry Median: 0.38 vs HKSE:01931: 0.64

IVD Medical Holding Equity-to-Asset Historical Data

The historical data trend for IVD Medical Holding'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.

IVD Medical Holding Equity-to-Asset Chart

IVD Medical Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.73

0.68

0.73

0.70

IVD Medical Holding Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial										0.68	0.73	0.70	0.70	0.64

Competitive Comparison of IVD Medical Holding's Equity-to-Asset

For the Medical Distribution subindustry, IVD Medical Holding'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.

IVD Medical Holding's Equity-to-Asset Distribution in the Medical Distribution Industry

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

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

IVD Medical Holding 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.

IVD Medical Holding'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
	=	3658.619	/	5233.789
	=	0.70

IVD Medical Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	3653.415	/	5735.896
	=	0.64

IVD Medical Holding (HKSE:01931) 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%.

IVD Medical Holding Equity-to-Asset Related Terms

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

IVD Medical Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » IVD Medical Holding Ltd (HKSE:01931) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 299, Bisheng Road, Room 602, Building 6, Zhangjiang Hi-Tech Park, Pudong New Area District, Shanghai, CHN

Website

http://www.ivdholding.com

IVD Medical Holding Ltd is principally engaged in the sale and manufacture of medical equipment and consumables and the provision of consultancy and maintenance services related to medical equipment. It has three segments. The distribution business, which is the key revenue driver, involves the trading of IVD analysers, reagents, and other consumables to customers such as distributors, hospitals and healthcare institutions, and logistics providers. The After-sales Services provided by Vastec include maintenance and repair services, installation services and end-customer training. Its Self-branded Products Business, distributes its self-developed IVD products under its own brand which includes IVD analysers and reagents under the IVD testing category of Point-of-care testing.

Executives

Leung King Sun
Wu Meizhen	2201 Interest of corporation controlled by you
China International Trust Limited	2201 Interest of corporation controlled by you
Wu Yanfeng	2201 Interest of corporation controlled by you
Wu Mingcong	2201 Interest of corporation controlled by you
Wu Junfeng	2201 Interest of corporation controlled by you
Shen Li	2201 Interest of corporation controlled by you
Nd Medical Technology Limited	2201 Interest of corporation controlled by you
Ma Zhouwei	2201 Interest of corporation controlled by you
Hong Kong Medicine Group Limited	2201 Interest of corporation controlled by you
Hknd Gene Biotechnology Limited	2201 Interest of corporation controlled by you
Fast Benefit Pharmaceutical Limited	2201 Interest of corporation controlled by you
China Smart Pharmaceutical Technology Limited	2201 Interest of corporation controlled by you
3w.com Holding Limited	2201 Interest of corporation controlled by you
Morgan Stanley	2201 Interest of corporation controlled by you

IVD Medical Holding Headlines

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