Elite Diagnostic (XJAM:ELITE) Equity-to-Asset : 0.00 (As of . 20)

Elite Diagnostic Equity-to-Asset Chart

Competitive Comparison of Elite Diagnostic's Equity-to-Asset

For the Diagnostics & Research subindustry, Elite Diagnostic'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.

Elite Diagnostic's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Elite Diagnostic's Equity-to-Asset distribution charts can be found below:

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

Elite Diagnostic 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.

Elite Diagnostic's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Elite Diagnostic's Equity to Asset Ratio for the quarter that ended in . 20 is calculated as

* 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.

Elite Diagnostic  (XJAM:ELITE) 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%.

Elite Diagnostic Equity-to-Asset Related Terms

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Elite Diagnostic (XJAM:ELITE) Business Description