GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ahren Acquisition Corp (NAS:AHRNU) » Definitions » Equity-to-Asset

Ahren Acquisition (Ahren Acquisition) Equity-to-Asset : 0.98 (As of Mar. 2023)


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

What is Ahren Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ahren Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $308.20 Mil. Ahren Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $313.52 Mil.

The historical rank and industry rank for Ahren Acquisition's Equity-to-Asset or its related term are showing as below:

AHRNU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.94   Max: 0.99
Current: 0.98

During the past 2 years, the highest Equity to Asset Ratio of Ahren Acquisition was 0.99. The lowest was 0.01. And the median was 0.94.

AHRNU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs AHRNU: 0.98

Ahren Acquisition Equity-to-Asset Historical Data

The historical data trend for Ahren Acquisition's Equity-to-Asset 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.

Ahren Acquisition Equity-to-Asset Chart

Ahren Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.91 0.99

Ahren Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial 0.93 0.95 0.95 0.99 0.98

Competitive Comparison of Ahren Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Ahren Acquisition'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.


Ahren Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ahren Acquisition's Equity-to-Asset distribution charts can be found below:

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



Ahren Acquisition 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.

Ahren Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=307.006/310.975
=

Ahren Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=308.196/313.519
=

* 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.


Ahren Acquisition  (NAS:AHRNU) 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%.


Ahren Acquisition Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ahren Acquisition's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ahren Acquisition (Ahren Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, Grand Cayman, CYM, KY1-1102
Ahren Acquisition Corp is a blank check company.