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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. InnovaQor's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-15.11 Mil. InnovaQor's Total Assets for the quarter that ended in Sep. 2023 was $0.05 Mil. Therefore, InnovaQor's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -314.85.
The historical rank and industry rank for InnovaQor's Equity-to-Asset or its related term are showing as below:
During the past 8 years, the highest Equity to Asset Ratio of InnovaQor was -127.36. The lowest was -367.55. And the median was -320.43.
The historical data trend for InnovaQor'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.
InnovaQor Annual Data | |||||||||||||||||
Trend | Jun02 | Jun03 | Jun04 | Jun05 | Jun06 | Jun07 | Dec21 | Dec22 | |||||||||
Equity-to-Asset | Get a 7-Day Free Trial | -0.02 | -0.02 | -3.12 | -367.55 | -326.02 |
InnovaQor Quarterly Data | ||||||||||||||||||||
Sep05 | Dec05 | Mar06 | Jun06 | Sep06 | Dec06 | Mar07 | Jun07 | Sep07 | Dec07 | Mar08 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Equity-to-Asset | Get a 7-Day Free Trial | -217.82 | -326.02 | -326.00 | -127.36 | -314.85 |
For the Health Information Services subindustry, InnovaQor'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.
For the Healthcare Providers & Services industry and Healthcare sector, InnovaQor's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where InnovaQor's Equity-to-Asset falls into.
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.
InnovaQor's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
Equity to Asset (A: Dec. 2022 ) | = | Total Stockholders Equity | / | Total Assets |
= | -13.693 | / | 0.042 | |
= | -326.02 |
InnovaQor's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as
Equity to Asset (Q: Sep. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | -15.113 | / | 0.048 | |
= | -314.85 |
* 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.
InnovaQor (OTCPK:INQR) 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%.
Thank you for viewing the detailed overview of InnovaQor's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Francisco Iii Roca | director | 400 SOUTH AUSTRALIAN AVENUE, 8TH FLOOR, WEST PALM BEACH FL 33401 |
Darrell L Peterson | director, officer: Chief Executive Officer | 2390 CIRCLE DRIVE, WEST PALM BEACH FL 33406 |
Sharon Lynne Hollis | director | 400 SOUTH AUSTRALIAN AVENUE, 8TH FLOOR, WEST PALM BEACH FL 33401 |
Justin Doherty | director | 400 S. AUSTRALIAN AVENUE, SUITE 800, WEST PALM BEACH FL 33401 |
Thomas Joseph Bellante | officer: Chief Financial Officer | 14706 CROYDON PLACE, TAMPA FL 33618 |
Jayne Kirby | officer: VP Finance | 1035 LAURIER O., SUITE 200, MONTREAL A8 H2V 2L1 |
Arthur Gelston | 10 percent owner | 1035 LAURIER STREET WEST, MONTREAL A8 H2V 2L1 |
Visual Healthcare Corp | 10 percent owner | 790 ROCKLAND AVE., MONTREAL, QC. A8 H2V 2Z6 |
Philippe Rainville | officer: CFO | 391A LAURIER WEST, MONTREAL A8 H2V 2K3 |
Philippe Panzini | director | 391A LAURIER WEST, MONTREAL A8 H2V 2K3 |
Michel Maksud | officer: VP Technology | 391A LAURIER WEST, MONTREAL A8 H2V 2K3 |
Gerard Dab | director, officer: CEO and Chairman of the Board | 391A LAURIER WEST, MONTREAL A8 H2V 2K3 |
Louis J Lombardo | director | 108 SMITH LAKE ROAD, ROSCOE NY 12776 |
Visualmed Clinical Systems Corp | 10 percent owner | |
Barry Scharf | officer: VP Operations | 391A LAURIER WEST, MONTREAL A8 H2V 2K3 |
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