GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Liabilities-to-Assets

Econ Healthcare (Asia) (SGX:EHG) Liabilities-to-Assets : 0.60 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Econ Healthcare (Asia) Liabilities-to-Assets?

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. Econ Healthcare (Asia)'s Total Liabilities for the quarter that ended in Sep. 2023 was S$57.21 Mil. Econ Healthcare (Asia)'s Total Assets for the quarter that ended in Sep. 2023 was S$95.72 Mil. Therefore, Econ Healthcare (Asia)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.60.


Econ Healthcare (Asia) Liabilities-to-Assets Historical Data

The historical data trend for Econ Healthcare (Asia)'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.

* Premium members only.

Econ Healthcare (Asia) Liabilities-to-Assets Chart

Econ Healthcare (Asia) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.69 0.71 0.65 0.64 0.61

Econ Healthcare (Asia) Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.53 0.64 0.64 0.61 0.60

Competitive Comparison of Econ Healthcare (Asia)'s Liabilities-to-Assets

For the Medical Care Facilities subindustry, Econ Healthcare (Asia)'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.


Econ Healthcare (Asia)'s Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Econ Healthcare (Asia)'s Liabilities-to-Assets falls into.



Econ Healthcare (Asia) 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.

Econ Healthcare (Asia)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=60.746/99.271
=0.61

Econ Healthcare (Asia)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=57.205/95.719
=0.60

* 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.


Econ Healthcare (Asia)  (SGX:EHG) 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.


Econ Healthcare (Asia) Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Econ Healthcare (Asia)'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Econ Healthcare (Asia) (SGX:EHG) Business Description

Traded in Other Exchanges
N/A
Address
160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728
Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

Econ Healthcare (Asia) (SGX:EHG) Headlines

No Headlines