Predictive Technology Group (Predictive Technology Group) Equity-to-Asset : 0.48 (As of Mar. 2021)

View and export this data going back to 2007. Start your Free Trial

What is Predictive Technology Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Predictive Technology Group's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $32.33 Mil. Predictive Technology Group's Total Assets for the quarter that ended in Mar. 2021 was $66.96 Mil. Therefore, Predictive Technology Group's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.48.

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

PRED's Equity-to-Asset is not ranked ^*
in the Biotechnology industry.
Industry Median: 0.67
* Ranked among companies with meaningful Equity-to-Asset only.

Predictive Technology Group Equity-to-Asset Historical Data

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Equity-to-Asset Chart

Predictive Technology Group Annual Data

Trend

Aug06

Aug07

Jun16

Jun17

Jun18

Jun19

Jun20

Equity-to-Asset

Get a 7-Day Free Trial

1.00

0.98

0.78

0.79

0.66

Predictive Technology Group Quarterly Data
	Nov07	Feb08	May08	Jun16	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Equity-to-Asset	Get a 7-Day Free Trial															0.80	0.66	0.58	0.54	0.48

Competitive Comparison of Predictive Technology Group's Equity-to-Asset

For the Biotechnology subindustry, Predictive Technology Group'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.

Predictive Technology Group's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Predictive Technology Group's Equity-to-Asset falls into.

Predictive Technology Group 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.

Predictive Technology Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Equity to Asset (A: Jun. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	55.29	/	83.842
	=	0.66

Predictive Technology Group's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	32.332	/	66.959
	=	0.48

Predictive Technology Group (OTCPK:PRED) 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%.

Predictive Technology Group Equity-to-Asset Related Terms

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

Predictive Technology Group (Predictive Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Predictive Technology Group Inc (OTCPK:PRED) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109

Website

https://www.predtechgroup.com

Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.