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Asia Vets Holdings (SGX:5RE) Equity-to-Asset : 0.96 (As of Jun. 2024)


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What is Asia Vets Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Vets Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$17.69 Mil. Asia Vets Holdings's Total Assets for the quarter that ended in Jun. 2024 was S$18.46 Mil. Therefore, Asia Vets Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.96.

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

SGX:5RE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.96   Max: 0.99
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Asia Vets Holdings was 0.99. The lowest was 0.56. And the median was 0.96.

SGX:5RE's Equity-to-Asset is ranked better than
99.12% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs SGX:5RE: 0.96

Asia Vets Holdings Equity-to-Asset Historical Data

The historical data trend for Asia Vets Holdings'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.

Asia Vets Holdings Equity-to-Asset Chart

Asia Vets Holdings 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 0.90 0.87 0.96 0.96 0.96

Asia Vets Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.97 0.96 0.97 0.96 0.96

Competitive Comparison of Asia Vets Holdings's Equity-to-Asset

For the Medical Care Facilities subindustry, Asia Vets Holdings'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.


Asia Vets Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

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



Asia Vets Holdings 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.

Asia Vets Holdings'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
=17.848/18.581
=0.96

Asia Vets Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=17.689/18.459
=0.96

* 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.


Asia Vets Holdings  (SGX:5RE) 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%.


Asia Vets Holdings Equity-to-Asset Related Terms

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Asia Vets Holdings Business Description

Traded in Other Exchanges
N/A
Address
95 Amoy Street, Singapore, SGP, 069915
Asia Vets Holdings Ltd is an investment holding company. The company operates in a single segment, which is the provision of veterinary services and sales of veterinary medicines and products to customers in Singapore. The group operates two veterinary clinics which provide a full range of general veterinary services including medical, surgical, and dental care for small animals including dogs, cats, rabbits, and other pocket pets.

Asia Vets Holdings Headlines

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