GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AS Latvijas Juras medicinas centrs (ORSE:LJM1R) » Definitions » Equity-to-Asset

AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Equity-to-Asset : 0.71 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is AS Latvijas Juras medicinas centrs Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AS Latvijas Juras medicinas centrs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €6.71 Mil. AS Latvijas Juras medicinas centrs's Total Assets for the quarter that ended in Dec. 2023 was €9.49 Mil. Therefore, AS Latvijas Juras medicinas centrs's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for AS Latvijas Juras medicinas centrs's Equity-to-Asset or its related term are showing as below:

ORSE:LJM1R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.76   Max: 0.85
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of AS Latvijas Juras medicinas centrs was 0.85. The lowest was 0.68. And the median was 0.76.

ORSE:LJM1R's Equity-to-Asset is ranked better than
78.94% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs ORSE:LJM1R: 0.71

AS Latvijas Juras medicinas centrs Equity-to-Asset Historical Data

The historical data trend for AS Latvijas Juras medicinas centrs'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.

AS Latvijas Juras medicinas centrs Equity-to-Asset Chart

AS Latvijas Juras medicinas centrs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.75 0.77 0.77 0.71

AS Latvijas Juras medicinas centrs Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.77 0.77 0.68 0.70 0.71

Competitive Comparison of AS Latvijas Juras medicinas centrs's Equity-to-Asset

For the Medical Care Facilities subindustry, AS Latvijas Juras medicinas centrs'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.


AS Latvijas Juras medicinas centrs's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AS Latvijas Juras medicinas centrs's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AS Latvijas Juras medicinas centrs's Equity-to-Asset falls into.



AS Latvijas Juras medicinas centrs 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.

AS Latvijas Juras medicinas centrs'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
=6.712/9.485
=0.71

AS Latvijas Juras medicinas centrs'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
=6.712/9.485
=0.71

* 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.


AS Latvijas Juras medicinas centrs  (ORSE:LJM1R) 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%.


AS Latvijas Juras medicinas centrs Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of AS Latvijas Juras medicinas centrs's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Business Description

Traded in Other Exchanges
N/A
Address
Patversmes iela 23, Riga, LVA, LV-1005
AS Latvijas Juras medicinas centrs is engaged in the provision of healthcare services. It operates hospitals and diagnostic centers. The company offers diagnostics services, magnetic resonance imaging, radiological diagnostics services, and ambulance services. It is also engaged in General medical practice activities, Special medical practice activities, Residential nursing care activities, Retail sale of medical and orthopedic goods in specialized stores, and Other personal service activities. The majority of the revenue is generated from the Ambulatory Medical Services.

AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Headlines

No Headlines