Entheon Biomedical (XCNQ:ENBI) Equity-to-Asset

Entheon Biomedical Annual Data
	Trend	Mar17	Mar18	Mar19	Mar20	Nov21	Nov22	Nov23
Equity-to-Asset				0.98	0.98	0.91	0.80	0.79

Entheon Biomedical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Equity-to-Asset																0.80	0.78	0.85	0.90	0.79

For the Biotechnology subindustry, Entheon Biomedical'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.

For the Biotechnology industry and Healthcare sector, Entheon Biomedical's Equity-to-Asset distribution charts can be found below:

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

Entheon Biomedical 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.

Entheon Biomedical's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Entheon Biomedical's Equity to Asset Ratio for the quarter that ended in Nov. 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.

Entheon Biomedical  (XCNQ:ENBI) 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%.

Entheon Biomedical Equity-to-Asset Related Terms

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Entheon Biomedical (XCNQ:ENBI) Business Description