WellCare Health Plans (WellCare Health Plans) Equity-to-Asset : 0.35 (As of Sep. 2019)

WellCare Health Plans Equity-to-Asset Chart

WellCare Health Plans Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Equity-to-Asset		Get a 7-Day Free Trial					0.36	0.34	0.33	0.29	0.36

WellCare Health Plans Quarterly Data
	Dec14	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															0.33	0.36	0.33	0.35	0.35

Competitive Comparison of WellCare Health Plans's Equity-to-Asset

For the Healthcare Plans subindustry, WellCare Health Plans'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.

WellCare Health Plans's Equity-to-Asset Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, WellCare Health Plans's Equity-to-Asset distribution charts can be found below:

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

WellCare Health Plans 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.

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

WellCare Health Plans's Equity to Asset Ratio for the quarter that ended in Sep. 2019 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.

WellCare Health Plans  (NYSE:WCG) 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%.

WellCare Health Plans Equity-to-Asset Related Terms

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WellCare Health Plans (WellCare Health Plans) Business Description