Healwell AI (Healwell AI) Equity-to-Asset : 0.30 (As of Mar. 2024)

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What is Healwell AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Healwell AI's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $16.61 Mil. Healwell AI's Total Assets for the quarter that ended in Mar. 2024 was $55.73 Mil. Therefore, Healwell AI's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.30.

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

HWAIF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.32 Med: 0.26 Max: 0.57
Current: 0.3

During the past 7 years, the highest Equity to Asset Ratio of Healwell AI was 0.57. The lowest was -0.32. And the median was 0.26.

HWAIF's Equity-to-Asset is ranked worse than
68.37% of 686 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HWAIF: 0.30

Healwell AI Equity-to-Asset Historical Data

The historical data trend for Healwell AI'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.

Healwell AI Equity-to-Asset Chart

Healwell AI Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.09

0.01

0.46

0.26

0.24

Healwell AI Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.18	-0.07	-0.32	0.24	0.30

Competitive Comparison of Healwell AI's Equity-to-Asset

For the Medical Care Facilities subindustry, Healwell AI'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.

Healwell AI's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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

Healwell AI 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.

Healwell AI'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
	=	9.429	/	40.024
	=	0.24

Healwell AI's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	16.609	/	55.728
	=	0.30

Healwell AI (OTCPK:HWAIF) 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%.

Healwell AI Equity-to-Asset Related Terms

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Healwell AI (Healwell AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healwell AI Inc (OTCPK:HWAIF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

6H90:Germany AIDX:Canada

Address

4881 Yonge Street, Suite No. 300, Toronto, ON, CAN, M2N 5X3

Website

https://www.mcionehealth.com

Healwell AI Inc is a healthcare technology company focused on AI and data science for preventative care. The company operates primary care networks and pioneering how actionable insights from data can be paired with targeted therapeutics to start treating disease before it's too late. Its technologies are backed by science and powered by AI.