In: Accounting
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Using the financial data for the sample of Healthcare companies in the table below, calculate the average Financial Leverage. AND TELL ME HOW TO DO THIS . THANKS
ASX Code | Company Name | Total Assets($) [A] | Total Equity($) [B] | Total Debt($) [C=A-B] | Financial Leverage($) |
ANN | Ansell Limited | 33892,77,056 | 20111,22,201 | 13781,54,855 | 1 |
SOM | SomnoMed Limited | 347,50,786 | 178,19,925 | 169,30,861 | 1 |
OCC | Orthocell Limited | 135,97,690 | 107,24,462 | 28,73,228 | 0 |
RHT | Resonance Health Limited | 64,16,643 | 58,93,580 | 5,23,063 | 0 |
NAN | Nanosonics Limited | 1295,21,000 | 1100,83,000 | 194,38,000 | 0 |
ADO | AnteoTech Limited | 47,67,682 | 42,35,131 | 5,32,551 | 0 |
IVQ | Invitrocue Limited | 14,92,994 | -13,13,542 | 28,06,536 | -2 |
VTI | Visioneering Technologies Inc | 147,05,298 | 127,01,898 | 20,03,400 | 0 |
OSP | Osprey Medical Inc. | 390,11,008 | 361,78,228 | 28,32,780 | 0 |
CYC | Cyclopharm Limited | 235,36,721 | 170,15,969 | 65,20,752 | 0 |
ALC | Alcidion Group Limited | 248,57,175 | 132,42,586 | 116,14,589 | 1 |
LSH | Lifespot Health Ltd | 30,90,986 | 26,82,657 | 4,08,329 | 0 |
ADR | Adherium Limited | 22,44,000 | 8,30,000 | 14,14,000 | 2 |
LBT | LBT Innovations Limited | 381,25,000 | 295,18,000 | 86,07,000 | 0 |
PAB | Patrys Limited | 79,33,878 | 72,96,454 | 6,37,424 | 0 |
PME | Pro Medicus Limited | 842,78,000 | 492,88,000 | 349,90,000 | 1 |
FIJ | Fiji Kava Limited | 35,63,731 | 30,89,633 | 4,74,098 | 0 |
RNO | Rhinomed Limited | 58,71,027 | 46,20,765 | 12,50,262 | 0 |
MXC | MGC Pharmaceuticals Ltd | 129,96,763 | 107,98,173 | 21,98,590 | 0 |
AMT | Allegra Orthopaedics Limited | 67,93,056 | 56,67,616 | 11,25,440 | 0 |
CAJ | Capitol Health Limited | 1881,15,000 | 1156,33,000 | 724,82,000 | 1 |
DVL | Dorsavi Ltd | 92,28,734 | 69,89,294 | 22,39,440 | 0 |
GLH | Global Health Limited | 58,94,655 | -7,25,217 | 66,19,872 | -9 |
Average Financial Leverage |
-0 |