Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Teladoc Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,326 Mil. Teladoc Health's Total Assets for the quarter that ended in Dec. 2023 was $4,392 Mil.
Therefore, Teladoc Health's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.
The historical rank and industry rank for Teladoc Health's Equity-to-Asset or its related term are showing as below:
TDOC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.67 Max: 0.91
Current: 0.53
During the past 11 years, the highest Equity to Asset Ratio of Teladoc Health was 0.91. The lowest was 0.53. And the median was 0.67.
TDOC's Equity-to-Asset is ranked better than 57.97% of 671
companies
in the Healthcare Providers & Services industry
Industry Median: 0.47
vs TDOC: 0.53
Teladoc Health Equity-to-Asset Historical Data
The historical data trend for Teladoc Health'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.
Competitive Comparison of Teladoc Health's Equity-to-Asset
For the Health Information Services subindustry, Teladoc Health'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.
Teladoc Health Equity-to-Asset Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Teladoc Health's Equity-to-Asset falls into.
Teladoc Health 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.
Teladoc Health'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.
Teladoc Health (NYSE:TDOC) 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%.
Teladoc Health Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Teladoc Health's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Teladoc Health (Teladoc Health) Business Description
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TDOC has been successfully added to your 