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Polarean Imaging (LSE:POLX) Equity-to-Asset : 0.79 (As of Jun. 2023)


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What is Polarean Imaging Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Polarean Imaging's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £9.81 Mil. Polarean Imaging's Total Assets for the quarter that ended in Jun. 2023 was £12.43 Mil. Therefore, Polarean Imaging's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.79.

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

LSE:POLX' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.23   Med: 0.79   Max: 0.92
Current: 0.79

During the past 7 years, the highest Equity to Asset Ratio of Polarean Imaging was 0.92. The lowest was -1.23. And the median was 0.79.

LSE:POLX's Equity-to-Asset is ranked better than
73.77% of 873 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs LSE:POLX: 0.79

Polarean Imaging Equity-to-Asset Historical Data

The historical data trend for Polarean Imaging'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.

Polarean Imaging Equity-to-Asset Chart

Polarean Imaging Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.79 0.65 0.80 0.92 0.86

Polarean Imaging Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.92 0.92 0.89 0.86 0.79

Competitive Comparison of Polarean Imaging's Equity-to-Asset

For the Medical Devices subindustry, Polarean Imaging'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.


Polarean Imaging's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Polarean Imaging 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.

Polarean Imaging'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
=15.849/18.503
=0.86

Polarean Imaging'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
=9.814/12.434
=0.79

* 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.


Polarean Imaging  (LSE:POLX) 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%.


Polarean Imaging Equity-to-Asset Related Terms

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Polarean Imaging (LSE:POLX) Business Description

Traded in Other Exchanges
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment being the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives most of the revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.

Polarean Imaging (LSE:POLX) Headlines

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