Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aveanna Healthcare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-127 Mil. Aveanna Healthcare Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,613 Mil.
Therefore, Aveanna Healthcare Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.08.
The historical rank and industry rank for Aveanna Healthcare Holdings's Equity-to-Asset or its related term are showing as below:
AVAH'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08 Med: 0.15 Max: 0.27
Current: -0.08
During the past 6 years, the highest Equity to Asset Ratio of Aveanna Healthcare Holdings was 0.27. The lowest was -0.08. And the median was 0.15.
AVAH's Equity-to-Asset is ranked worse than 89.87% of 671
companies
in the Healthcare Providers & Services industry
Industry Median: 0.47
vs AVAH: -0.08
Aveanna Healthcare Holdings Equity-to-Asset Historical Data
The historical data trend for Aveanna Healthcare Holdings'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.
For the Medical Care Facilities subindustry, Aveanna Healthcare Holdings'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.
Aveanna Healthcare Holdings Equity-to-Asset Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Aveanna Healthcare Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aveanna Healthcare Holdings's Equity-to-Asset falls into.
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.
Aveanna Healthcare Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
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%.
Aveanna Healthcare Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Aveanna Healthcare Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Business Description
Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). Private Duty Services include private duty nursing (PDN) and pediatric therapy services. HHH segment provides home health, hospice, and specialty program services to elderly populations seeking compassionate care and assistance with activities of daily living in the home. MS segment provides needed supplies to patients requiring enteral nutrition services or respiratory care.
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