RQHTF (Reliq Health Technologies) Equity-to-Asset: 0.58 (As of Sep. 2022)

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RQHTF Reliq Health Technologies Inc RQHTF
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What is Reliq Health Technologies Equity-to-Asset?

Reliq Health Technologies RQHTF -99.99% 10 Equity-to-Asset is 0.58 as of Sep. 2022. GuruFocus rates RQHTF with a GF Score™ of 10/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reliq Health Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $6.19 Mil. Reliq Health Technologies's Total Assets for the quarter that ended in Sep. 2022 was $10.68 Mil. Therefore, Reliq Health Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.58.

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

RQHTF's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Equity-to-Asset only.

Reliq Health Technologies  (OTCPK:RQHTF) 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%.


Reliq Health Technologies Equity-to-Asset Related Terms


Reliq Health Technologies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Reliq Health Technologies'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.

Reliq Health Technologies Equity-to-Asset Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.75 0.37 0.29 0.62

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.69 0.83 0.77 0.62 0.58

RQHTF vs VEEV, GEHC, RCM: Equity-to-Asset Comparison

For the Health Information Services subindustry, Reliq Health Technologies'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.


Reliq Health Technologies Equity-to-Asset vs Healthcare Providers & Services Industry

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

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


RQHTF
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Reliq Health Technologies Inc RQHTF
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Reliq Health Technologies 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.

Reliq Health Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=4.976/8.019
=0.62

Reliq Health Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=6.189/10.681
=0.58

* 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 0.58 mean?
Reliq Health Technologies (RQHTF) has a Equity-to-Asset of 0.58 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Reliq Health Technologies and its competitors.
Is Reliq Health Technologies' Equity-to-Asset too high?
Reliq Health Technologies' current Equity-to-Asset is 0.58. The Healthcare Providers & Services industry median Equity-to-Asset is 0.48. Reliq Health Technologies' value of 0.58 is 20.8% above this industry median. Overall, Reliq Health Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Reliq Health Technologies' Equity-to-Asset compare to VEEV and GEHC?
Reliq Health Technologies' Equity-to-Asset of 0.58 can be compared against companies in the Healthcare Providers & Services industry. The industry median Equity-to-Asset is 0.48. Reliq Health Technologies' value of 0.58 is 20.8% 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 0.48, 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. Reliq Health Technologies's current Equity-to-Asset of 0.58 is 20.8% 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 Reliq Health Technologies 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. Reliq Health Technologies's current Equity-to-Asset is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliq Health Technologies stock overvalued right now?
Reliq Health Technologies (RQHTF) has a current Equity-to-Asset of 0.58. The current Equity-to-Asset is 0.58 and 20.8% above the Healthcare Providers & Services industry median of 0.48. Reliq Health Technologies' overall GF Score™ is 10/100. 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 Reliq Health Technologies (RQHTF), the current Equity-to-Asset is 0.58 as of Sep. 2022. 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.

Reliq Health Technologies Business Description

Address 175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. The company's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery.
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