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Aier Eye Hospital Group Co (SZSE:300015) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Aier Eye Hospital Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aier Eye Hospital Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥19,682 Mil. Aier Eye Hospital Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥30,899 Mil. Therefore, Aier Eye Hospital Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

The historical rank and industry rank for Aier Eye Hospital Group Co's Equity-to-Asset or its related term are showing as below:

SZSE:300015' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.6   Max: 0.8
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Aier Eye Hospital Group Co was 0.80. The lowest was 0.48. And the median was 0.60.

SZSE:300015's Equity-to-Asset is ranked better than
67.66% of 671 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs SZSE:300015: 0.63

Aier Eye Hospital Group Co Equity-to-Asset Historical Data

The historical data trend for Aier Eye Hospital Group Co'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.

Aier Eye Hospital Group Co Equity-to-Asset Chart

Aier Eye Hospital Group Co 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 0.55 0.54 0.52 0.63 0.63

Aier Eye Hospital Group Co 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 0.62 0.61 0.63 0.63 0.64

Competitive Comparison of Aier Eye Hospital Group Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Aier Eye Hospital Group Co'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.


Aier Eye Hospital Group Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aier Eye Hospital Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aier Eye Hospital Group Co's Equity-to-Asset falls into.



Aier Eye Hospital Group Co 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.

Aier Eye Hospital Group Co'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
=18855.838/30186.62
=0.62

Aier Eye Hospital Group Co'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
=19681.65/30899.281
=0.64

* 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.


Aier Eye Hospital Group Co  (SZSE:300015) 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%.


Aier Eye Hospital Group Co Equity-to-Asset Related Terms

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Aier Eye Hospital Group Co (SZSE:300015) Business Description

Traded in Other Exchanges
N/A
Address
Furongzhonglu Road, New Century Mansion No.198, Hunan Provience, Changsha, CHN, 410015
Aier Eye Hospital Group Co Ltd provides international ophthalmic technology and management services in China. The company offers services in myopia surgery, cataract, pediatric, eye plastic surgery, myopia prevention and control to patients. The group also enables high-standard medical care.

Aier Eye Hospital Group Co (SZSE:300015) Headlines

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