IMEXF (Imagin Medical) Equity-to-Asset: -10.71 (As of Jun. 2023)

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What is Imagin Medical Equity-to-Asset?

Imagin Medical IMEXF -99.00% Equity-to-Asset is -10.71 as of Jun. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imagin Medical's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-9.01 Mil. Imagin Medical's Total Assets for the quarter that ended in Jun. 2023 was $0.84 Mil.

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

IMEXF's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.645
* Ranked among companies with meaningful Equity-to-Asset only.

Imagin Medical  (OTCPK:IMEXF) 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%.


Imagin Medical Equity-to-Asset Related Terms


Imagin Medical Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Imagin Medical'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.

Imagin Medical Equity-to-Asset Chart

Imagin Medical Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.85 -1.51 -14.88 -9.87

Imagin Medical Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -19.36 -9.87 -11.10 -12.41 -10.71

IMEXF vs ABT, SYK, MDT: Equity-to-Asset Comparison

For the Medical Devices subindustry, Imagin Medical'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.


Imagin Medical Equity-to-Asset vs Medical Devices & Instruments Industry

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

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



Imagin Medical 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.

Imagin Medical's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-9.997/1.013
=

Imagin Medical's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-9.005/0.841
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -10.71 mean?
Imagin Medical (IMEXF) has a Equity-to-Asset of -10.71 as of Jun. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Imagin Medical and its competitors.
Is Imagin Medical's Equity-to-Asset too high?
Imagin Medical's current Equity-to-Asset is -10.71.
How does Imagin Medical's Equity-to-Asset compare to ABT and SYK?
Imagin Medical's Equity-to-Asset of -10.71 can be compared against companies in the Medical Devices & Instruments industry. The industry median Equity-to-Asset is 0.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Medical Devices & Instruments company?
The median Equity-to-Asset among Medical Devices & Instruments companies is 0.65, based on 852 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Imagin Medical and its competitors. For the Medical Devices & Instruments industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imagin Medical's current Equity-to-Asset is -10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imagin Medical stock overvalued right now?
Imagin Medical (IMEXF) has a current Equity-to-Asset of -10.71. The current Equity-to-Asset is -10.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Imagin Medical (IMEXF), the current Equity-to-Asset is -10.71 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Imagin Medical Business Description

Address 890 West Pender Street, Suite 600, Vancouver, BC, CAN, V6C 1J9
Imagin Medical Inc is a Urologic Oncology company developing technologies to visualize and treat urologic cancers, including bladder and prostate cancer, through minimally invasive surgery. The company's first product, the i/Blue Imaging System, with its proprietary optics and light sensors, will greatly increase the efficiency and accuracy of detecting bladder cancer, helping to improve the surgical management of this disease. Imagin's follow-on product, the enCAGE Coil is a device with 510(k) clearance for soft tissue ablation. Imagin intends to refine the disposable bipolar radio frequency-based probe for use in the treatment of prostate cancer and benign prostate hypoplasia (BPH) and submit appropriate FDA premarket applications for the new indications.