MSPR (MSP Recovery) Equity-to-Asset: -0.36 (As of Sep. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MSP Recovery Equity-to-Asset?

MSP Recovery MSPR Equity-to-Asset is -0.36 as of Sep. 2025. The stock has 5 warning signs investors should review. Among 683 Healthcare Providers & Services companies, MSP Recovery ranks worse than 94% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MSP Recovery's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $-563.84 Mil. MSP Recovery's Total Assets for the quarter that ended in Sep. 2025 was $1,552.13 Mil. Therefore, MSP Recovery's Equity to Asset Ratio for the quarter that ended in Sep. 2025 was -0.36.

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

MSPR' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.74   Med: 0.03   Max: 0.11
Current: -0.36

During the past 5 years, the highest Equity to Asset Ratio of MSP Recovery was 0.11. The lowest was -6.74. And the median was 0.03.

MSPR's Equity-to-Asset is ranked worse than
94% of 683 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs MSPR: -0.36

MSP Recovery  (OTCPK:MSPR) 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%.


MSP Recovery Equity-to-Asset Related Terms


MSP Recovery Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for MSP Recovery'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.

MSP Recovery Equity-to-Asset Chart

MSP Recovery Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
-6.74 -1.50 0.03 0.09 0.05

MSP Recovery Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.11 0.05 -0.03 -0.12 -0.36

MSPR vs BACK, VEEV, BTSG: Equity-to-Asset Comparison

For the Health Information Services subindustry, MSP Recovery'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.


MSP Recovery Equity-to-Asset vs Healthcare Providers & Services Industry

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

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



MSP Recovery 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.

MSP Recovery's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=100.585/1919.083
=0.05

MSP Recovery's Equity to Asset Ratio for the quarter that ended in Sep. 2025 is calculated as

Equity to Asset (Q: Sep. 2025 )=Total Stockholders Equity/Total Assets
=-563.842/1552.13
=-0.36

* 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 -0.36 mean?
MSP Recovery (MSPR) has a Equity-to-Asset of -0.36 as of Sep. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MSP Recovery and its competitors. According to the industry distribution chart, MSP Recovery ranks #642 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 94%.
Is MSP Recovery's Equity-to-Asset too high?
MSP Recovery's current Equity-to-Asset is -0.36. Based on the distribution chart, MSP Recovery ranks #642 out of 683 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does MSP Recovery's Equity-to-Asset compare to BACK and VEEV?
According to the Healthcare Providers & Services industry distribution chart, MSP Recovery ranks #642 out of 683 companies for Equity-to-Asset. This places MSP Recovery in the lower half of its industry. The industry median Equity-to-Asset is 0.48. 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 Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 683 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 MSP Recovery and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSP Recovery's current Equity-to-Asset is -0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Recovery stock overvalued right now?
Based on GuruFocus' analysis, MSP Recovery (MSPR) is currently considered Possible Value Trap. The stock's GF Value™ is $7.40, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Equity-to-Asset is -0.36. 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 MSP Recovery (MSPR), the current Equity-to-Asset is -0.36 as of Sep. 2025. 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.

MSP Recovery Business Description

Address 3150 SW 38th Avenue, Suite 1100, Miami, FL, USA, 33146
MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.