GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sigma Healthcare Ltd (OTCPK:SIGGF) » Definitions » Equity-to-Asset

Sigma Healthcare (Sigma Healthcare) Equity-to-Asset : 0.63 (As of Jan. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Sigma Healthcare Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sigma Healthcare's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $578 Mil. Sigma Healthcare's Total Assets for the quarter that ended in Jan. 2024 was $914 Mil. Therefore, Sigma Healthcare's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.63.

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

SIGGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.42   Max: 0.63
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Sigma Healthcare was 0.63. The lowest was 0.37. And the median was 0.42.

SIGGF's Equity-to-Asset is ranked better than
75% of 100 companies
in the Medical Distribution industry
Industry Median: 0.385 vs SIGGF: 0.63

Sigma Healthcare Equity-to-Asset Historical Data

The historical data trend for Sigma Healthcare'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.

Sigma Healthcare Equity-to-Asset Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.44 0.39 0.41 0.63

Sigma Healthcare Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.39 0.41 0.41 0.44 0.63

Competitive Comparison of Sigma Healthcare's Equity-to-Asset

For the Medical Distribution subindustry, Sigma Healthcare'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.


Sigma Healthcare's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Equity-to-Asset distribution charts can be found below:

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



Sigma Healthcare 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.

Sigma Healthcare's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=577.817/914.341
=0.63

Sigma Healthcare's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=577.817/914.341
=0.63

* 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.


Sigma Healthcare  (OTCPK:SIGGF) 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%.


Sigma Healthcare Equity-to-Asset Related Terms

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


Sigma Healthcare (Sigma Healthcare) Business Description

Traded in Other Exchanges
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.

Sigma Healthcare (Sigma Healthcare) Headlines