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Evome Medical Technologies (Evome Medical Technologies) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Evome Medical Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Evome Medical Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.98 Mil. Evome Medical Technologies's Total Assets for the quarter that ended in Dec. 2023 was $35.97 Mil. Therefore, Evome Medical Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

LNDZF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.89   Max: 0.99
Current: 0.08

During the past 11 years, the highest Equity to Asset Ratio of Evome Medical Technologies was 0.99. The lowest was 0.08. And the median was 0.89.

LNDZF's Equity-to-Asset is ranked worse than
91.29% of 873 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs LNDZF: 0.08

Evome Medical Technologies Equity-to-Asset Historical Data

The historical data trend for Evome Medical Technologies'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.

Evome Medical Technologies Equity-to-Asset Chart

Evome Medical Technologies Annual Data
Trend Dec14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.98 0.51 0.31 0.08

Evome Medical Technologies Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23 Dec23
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 0.30 0.27 0.23 0.29 0.08

Competitive Comparison of Evome Medical Technologies's Equity-to-Asset

For the Medical Devices subindustry, Evome Medical Technologies'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.


Evome Medical Technologies's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Evome Medical Technologies 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.

Evome Medical Technologies'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
=2.984/35.97
=0.08

Evome Medical Technologies'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
=2.984/35.97
=0.08

* 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.


Evome Medical Technologies  (OTCPK:LNDZF) 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%.


Evome Medical Technologies Equity-to-Asset Related Terms

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


Evome Medical Technologies (Evome Medical Technologies) Business Description

Traded in Other Exchanges
Address
6160 Innovation Way, Carlsbad, CA, USA, 92009
Evome Medical Technologies Inc is a medical device company. It is focused on human performance and rehabilitative solutions.