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Perimeter Medical Imaging AI (TSXV:PINK) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Perimeter Medical Imaging AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Perimeter Medical Imaging AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$20.21 Mil. Perimeter Medical Imaging AI's Total Assets for the quarter that ended in Dec. 2023 was C$27.56 Mil. Therefore, Perimeter Medical Imaging AI's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

The historical rank and industry rank for Perimeter Medical Imaging AI's Equity-to-Asset or its related term are showing as below:

TSXV:PINK' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.45   Med: 0.74   Max: 0.82
Current: 0.73

During the past 5 years, the highest Equity to Asset Ratio of Perimeter Medical Imaging AI was 0.82. The lowest was -6.45. And the median was 0.74.

TSXV:PINK's Equity-to-Asset is ranked better than
62.6% of 869 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs TSXV:PINK: 0.73

Perimeter Medical Imaging AI Equity-to-Asset Historical Data

The historical data trend for Perimeter Medical Imaging AI'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.

Perimeter Medical Imaging AI Equity-to-Asset Chart

Perimeter Medical Imaging AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-6.45 0.82 0.74 0.76 0.73

Perimeter Medical Imaging AI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.76 0.76 0.69 0.78 0.73

Competitive Comparison of Perimeter Medical Imaging AI's Equity-to-Asset

For the Medical Devices subindustry, Perimeter Medical Imaging AI'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.


Perimeter Medical Imaging AI's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Perimeter Medical Imaging AI's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Perimeter Medical Imaging AI's Equity-to-Asset falls into.



Perimeter Medical Imaging AI 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.

Perimeter Medical Imaging AI'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
=20.211/27.558
=0.73

Perimeter Medical Imaging AI's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=20.211/27.558
=0.73

* 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.


Perimeter Medical Imaging AI  (TSXV:PINK) 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%.


Perimeter Medical Imaging AI Equity-to-Asset Related Terms

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


Perimeter Medical Imaging AI (TSXV:PINK) Business Description

Traded in Other Exchanges
Address
8585 N. Stemmons Freeway, Suite 106N, Dallas, TX, USA, 75247
Perimeter Medical Imaging AI Inc is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs. The company is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure.

Perimeter Medical Imaging AI (TSXV:PINK) Headlines

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