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


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What is Primemd Equity-to-Asset?

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: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

Primemd Equity-to-Asset Historical Data

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.

* Premium members only.

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

Competitive Comparison of Primemd's Equity-to-Asset

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's Equity-to-Asset Distribution in the 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.


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

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Primemd (Primemd) Business Description

Traded in Other Exchanges
N/A
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.

Primemd (Primemd) Headlines

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