PRMD (Primemd) Equity-to-Asset: 0.76 (As of Dec. 2008)

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What is Primemd Equity-to-Asset?

Primemd PRMD -72.73% Equity-to-Asset is 0.76 as of Dec. 2008.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Primemd's Total Stockholders Equity for the quarter that ended in Dec. 2008 was $1.15 Mil. Primemd's Total Assets for the quarter that ended in Dec. 2008 was $1.52 Mil. Therefore, Primemd's Equity to Asset Ratio for the quarter that ended in Dec. 2008 was 0.76.

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

PRMD's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.485
* Ranked among companies with meaningful Equity-to-Asset only.

Primemd  (OTCPK:PRMD) 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%.


Primemd Equity-to-Asset Related Terms


Primemd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Primemd'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.

Primemd Equity-to-Asset Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 0.99 0.99 1.00

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 1.00 0.91 0.88 0.85 0.76

Primemd Equity-to-Asset Competitor Comparison

For the Medical Care Facilities subindustry, Primemd'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.


Primemd Equity-to-Asset vs Healthcare Providers & Services Industry

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

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



Primemd 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.

Primemd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2007 is calculated as

Equity to Asset (A: Mar. 2007 )=Total Stockholders Equity/Total Assets
=1.368/1.372
=1.00

Primemd's Equity to Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

Equity to Asset (Q: Dec. 2008 )=Total Stockholders Equity/Total Assets
=1.152/1.52
=0.76

* 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 0.76 mean?
Primemd (PRMD) has a Equity-to-Asset of 0.76 as of Dec. 2008. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Primemd and its competitors.
Is Primemd's Equity-to-Asset too high?
Primemd's current Equity-to-Asset is 0.76. The Healthcare Providers & Services industry median Equity-to-Asset is 0.49. Primemd's value of 0.76 is 56.7% above this industry median.
How does Primemd's Equity-to-Asset compare to competitors?
Primemd's Equity-to-Asset of 0.76 can be compared against companies in the Healthcare Providers & Services industry. The industry median Equity-to-Asset is 0.49. Primemd's value of 0.76 is 56.7% above this benchmark. 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 0.49, based on 682 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. Primemd's current Equity-to-Asset of 0.76 is 56.7% above the industry median. 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 Primemd and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primemd's current Equity-to-Asset is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primemd stock overvalued right now?
Primemd (PRMD) has a current Equity-to-Asset of 0.76. The current Equity-to-Asset is 0.76 and 56.7% above the Healthcare Providers & Services industry median of 0.49. 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 Primemd (PRMD), the current Equity-to-Asset is 0.76 as of Dec. 2008. 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.

Primemd Business Description

Address 9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.