DRI Healthcare Trust (TSX:DHT.UN) Equity-to-Asset : 0.67 (As of Dec. 2023)

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What is DRI Healthcare Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DRI Healthcare Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$753.3 Mil. DRI Healthcare Trust's Total Assets for the quarter that ended in Dec. 2023 was C$1,120.2 Mil. Therefore, DRI Healthcare Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

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

TSX:DHT.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.67 Max: 0.87
Current: 0.67

During the past 3 years, the highest Equity to Asset Ratio of DRI Healthcare Trust was 0.87. The lowest was 0.59. And the median was 0.67.

TSX:DHT.UN's Equity-to-Asset is ranked better than
63.51% of 1088 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs TSX:DHT.UN: 0.67

DRI Healthcare Trust Equity-to-Asset Historical Data

The historical data trend for DRI Healthcare Trust'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.

DRI Healthcare Trust Equity-to-Asset Chart

DRI Healthcare Trust Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.87

0.59

0.67

DRI Healthcare Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.59	0.53	0.59	0.69	0.67

Competitive Comparison of DRI Healthcare Trust's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare Trust'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.

DRI Healthcare Trust's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where DRI Healthcare Trust's Equity-to-Asset falls into.

DRI Healthcare Trust 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.

DRI Healthcare Trust'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
	=	753.304	/	1120.178
	=	0.67

DRI Healthcare Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	753.304	/	1120.178
	=	0.67

DRI Healthcare Trust (TSX:DHT.UN) 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%.

DRI Healthcare Trust Equity-to-Asset Related Terms

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

DRI Healthcare Trust (TSX:DHT.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.UN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

DHTRF:USA DHT.U:Canada

Address

100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1

Website

https://www.dricapital.com

DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.UN) Headlines

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