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Medimi AB (XSAT:MEDIMI) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Medimi AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medimi AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr10.74 Mil. Medimi AB's Total Assets for the quarter that ended in Mar. 2024 was kr17.17 Mil. Therefore, Medimi AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

XSAT:MEDIMI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.85   Max: 0.95
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Medimi AB was 0.95. The lowest was 0.41. And the median was 0.85.

XSAT:MEDIMI's Equity-to-Asset is ranked worse than
51.39% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XSAT:MEDIMI: 0.63

Medimi AB Equity-to-Asset Historical Data

The historical data trend for Medimi AB'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.

Medimi AB Equity-to-Asset Chart

Medimi AB 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 0.94 0.78 0.86 0.84 0.67

Medimi AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 0.81 0.71 0.67 0.63

Competitive Comparison of Medimi AB's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Medimi AB'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.


Medimi AB's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Medimi AB 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.

Medimi AB'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
=13.751/20.682
=0.66

Medimi AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=10.744/17.166
=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.


Medimi AB  (XSAT:MEDIMI) 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%.


Medimi AB Equity-to-Asset Related Terms

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


Medimi AB (XSAT:MEDIMI) Business Description

Traded in Other Exchanges
N/A
Address
Zinkgatan 2, Lomma, SWE, 234 35
Medimi AB is engaged in the development, production, and marketing of medication products. It offers Medimi Pro and Medimi Smart computerized pill dispensers that are used by patients, consumers, and healthcare staff to follow their drug schedule. The company focus on the following market segments namely Pharmaceutical industry, Hospital and retirement homes, Home Health Care, Pharmacy and private care, and Connected Health (Telemedicine), E-Health and Integration in Other Systems.

Medimi AB (XSAT:MEDIMI) Headlines

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