Alternate Health (Alternate Health) Equity-to-Asset

: -0.01 (As of Sep. 2019)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alternate Health's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.15 Mil. Alternate Health's Total Assets for the quarter that ended in Sep. 2019 was $23.01 Mil. Therefore, Alternate Health's Equity to Asset Ratio for the quarter that ended in Sep. 2019 was -0.01.

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

AHGIF's Equity-to-Asset is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

Alternate Health Equity-to-Asset Historical Data

The historical data trend for Alternate 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.

* Premium members only.

Alternate Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Equity-to-Asset

0.22

0.56

0.81

0.11

Alternate Health Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Equity-to-Asset	Get a 7-Day Free Trial														0.44	0.11	-0.12	-0.10	-0.01

Competitive Comparison

For the Health Information Services subindustry, Alternate 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.

Alternate Health Equity-to-Asset Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Alternate Health's Equity-to-Asset distribution charts can be found below:

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

Alternate 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.

Alternate Health's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )	=	Total Stockholders Equity	/	Total Assets
	=	0.8	/	7.154
	=	0.11

Alternate Health's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.147	/	23.008
	=	-0.01

Alternate Health (OTCPK:AHGIF) 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%.

Alternate Health Equity-to-Asset Related Terms

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Alternate Health (Alternate Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alternate Health Corp (OTCPK:AHGIF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7373 Broadway Street, Suite 307, San Antonio, TX, USA, 78209

Website

https://www.alternatehealth.ca

Alternate Health Corp is a healthcare company. It uses expertise in technology and data analytics to revolutionize patient care and research in the emerging medical cannabis industry. It offers practice management and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry.