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Ping An Healthcare And Technology Co (STU:1XZ) Equity-to-Asset : 0.83 (As of Jun. 2024)


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What is Ping An Healthcare And Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ping An Healthcare And Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,713.2 Mil. Ping An Healthcare And Technology Co's Total Assets for the quarter that ended in Jun. 2024 was €2,073.9 Mil. Therefore, Ping An Healthcare And Technology Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.83.

The historical rank and industry rank for Ping An Healthcare And Technology Co's Equity-to-Asset or its related term are showing as below:

STU:1XZ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.36   Med: 0.8   Max: 0.85
Current: 0.83

During the past 9 years, the highest Equity to Asset Ratio of Ping An Healthcare And Technology Co was 0.85. The lowest was -0.36. And the median was 0.80.

STU:1XZ's Equity-to-Asset is ranked better than
88.45% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs STU:1XZ: 0.83

Ping An Healthcare And Technology Co Equity-to-Asset Historical Data

The historical data trend for Ping An Healthcare And Technology Co'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.

Ping An Healthcare And Technology Co Equity-to-Asset Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.78 0.85 0.79 0.79 0.80

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 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 0.80 0.79 0.80 0.80 0.83

Competitive Comparison of Ping An Healthcare And Technology Co's Equity-to-Asset

For the Health Information Services subindustry, Ping An Healthcare And Technology Co'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.


Ping An Healthcare And Technology Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Equity-to-Asset falls into.



Ping An Healthcare And Technology Co 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.

Ping An Healthcare And Technology Co'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
=1705.987/2121.632
=0.80

Ping An Healthcare And Technology Co'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
=1713.204/2073.878
=0.83

* 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.


Ping An Healthcare And Technology Co  (STU:1XZ) 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%.


Ping An Healthcare And Technology Co Equity-to-Asset Related Terms

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Ping An Healthcare And Technology Co Business Description

Traded in Other Exchanges
Address
No. 298, Guo Xia Road, 5-9th Floor, Building B, INNO KIC, Yangpu District, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 1,748 corporate clients and 17.7 million paying users. PAGD is 38.43% owned by its parent company.

Ping An Healthcare And Technology Co Headlines

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