Hygeia Healthcare Holdings Co (HKSE:06078) Equity-to-Asset : 0.58 (As of Dec. 2023)

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What is Hygeia Healthcare Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hygeia Healthcare Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,818 Mil. Hygeia Healthcare Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$11,741 Mil. Therefore, Hygeia Healthcare Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

HKSE:06078' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.17 Med: 0.58 Max: 0.91
Current: 0.58

During the past 7 years, the highest Equity to Asset Ratio of Hygeia Healthcare Holdings Co was 0.91. The lowest was -0.17. And the median was 0.58.

HKSE:06078's Equity-to-Asset is ranked better than
64.82% of 685 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HKSE:06078: 0.58

Hygeia Healthcare Holdings Co Equity-to-Asset Historical Data

The historical data trend for Hygeia Healthcare Holdings Co'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.

Hygeia Healthcare Holdings Co Equity-to-Asset Chart

Hygeia Healthcare Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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-0.09

0.91

0.67

0.68

0.58

Hygeia Healthcare Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.67	0.68	0.68	0.66	0.58

Competitive Comparison of Hygeia Healthcare Holdings Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Hygeia Healthcare Holdings Co'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.

Hygeia Healthcare Holdings Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hygeia Healthcare Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hygeia Healthcare Holdings Co's Equity-to-Asset falls into.

Hygeia Healthcare Holdings Co 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.

Hygeia Healthcare Holdings Co'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
	=	6817.738	/	11741.238
	=	0.58

Hygeia Healthcare Holdings Co'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
	=	6817.738	/	11741.238
	=	0.58

Hygeia Healthcare Holdings Co (HKSE:06078) 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%.

Hygeia Healthcare Holdings Co Equity-to-Asset Related Terms

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

Hygeia Healthcare Holdings Co (HKSE:06078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hygeia Healthcare Holdings Co Ltd (HKSE:06078) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

HYHHF:USA

Address

No. 228 Meiyuan Road, Enterprise Square, Suites 702-707, Jing’an District, Shanghai, CHN

Website

http://www.hygeia-group.com.cn

Hygeia Healthcare Holdings Co Ltd is an oncology healthcare group in China. The company operates in three segments, namely Hospital Business, Radiotherapy Business, and Other Business. The company generates revenues by operating private for-profit hospitals it owns and provides a wide range of oncology healthcare services and other healthcare services; provision of radiotherapy center consulting services, licensing of its proprietary SRT equipment, and provision of maintenance and technical support services with its proprietary SRT equipment; and managing and operating, and receiving management fees from, private not-for-profit hospitals in which it holds organizer's interest. All of its revenues come from China.

Executives

Zhu Yiwen	2201 Interest of corporation controlled by you
Ren Ai	2202 Interest of your spouse
Zhu Jianqiao	2401 A concert party to an agreement to buy shares
Yi Fang Da Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Ren Ai	2501 Other
Amber Tree Holdings Limited	2501 Other
Century River Holdings Limited	2501 Other
Century River Investment Holdings Limited	2501 Other
Red Palm Holdings Limited	2501 Other
Red Palm Investment Holdings Limited	2501 Other
Morgan Stanley & Co. International Plc	2101 Beneficial owner
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you

Hygeia Healthcare Holdings Co (HKSE:06078) Headlines

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