Metlifecare (ASX:MEQ) Liabilities-to-Assets : 0.57 (As of Jun. 2020)

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What is Metlifecare Liabilities-to-Assets?

Metlifecare ASX:MEQ 4 Liabilities-to-Assets is 0.57 as of Jun. 2020. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Metlifecare's Total Liabilities for the quarter that ended in Jun. 2020 was A$1,903.70 Mil. Metlifecare's Total Assets for the quarter that ended in Jun. 2020 was A$3,336.11 Mil. Therefore, Metlifecare's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 was 0.57.


Metlifecare  (ASX:MEQ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Metlifecare Liabilities-to-Assets Related Terms


Metlifecare Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Metlifecare's Liabilities-to-Assets 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.

Metlifecare Liabilities-to-Assets Chart

Metlifecare Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.54 0.55 0.58 0.57

Metlifecare Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Liabilities-to-Assets 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 0.55 0.57 0.58 0.59 0.57

ASX:MEQ vs HCA, DVA, UHS: Liabilities-to-Assets Comparison

For the Medical Care Facilities subindustry, Metlifecare's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Metlifecare Liabilities-to-Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Metlifecare's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Metlifecare's Liabilities-to-Assets falls into.



Metlifecare Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Metlifecare's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2020 is calculated as:

Liabilities-to-Assets (A: Jun. 2020 )=Total Liabilities/Total Assets
=1903.704/3336.11
=0.57

Metlifecare's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 is calculated as

Liabilities-to-Assets (Q: Jun. 2020 )=Total Liabilities/Total Assets
=1903.704/3336.11
=0.57

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.57 mean?
Metlifecare (ASX:MEQ) has a Liabilities-to-Assets of 0.57 as of Jun. 2020. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Metlifecare and its competitors.
Is Metlifecare's Liabilities-to-Assets too high?
Metlifecare's current Liabilities-to-Assets is 0.57. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Liabilities-to-Assets compare to HCA and DVA?
Metlifecare's Liabilities-to-Assets of 0.57 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Healthcare Providers & Services company?
A good Liabilities-to-Assets depends on the Healthcare Providers & Services industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Metlifecare and its competitors. Metlifecare's current Liabilities-to-Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Liabilities-to-Assets of 0.57. The current Liabilities-to-Assets is 0.57. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Metlifecare (ASX:MEQ), the current Liabilities-to-Assets is 0.57 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Metlifecare Business Description

Address 20 Kent Street, Level 4, Newmarket, Auckland, NTL, NZL, 1023
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.