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AlphaVest Acquisition (AlphaVest Acquisition) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is AlphaVest Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AlphaVest Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $50.56 Mil. AlphaVest Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $50.94 Mil.

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

ATMV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 0.99   Max: 1
Current: 0.99

During the past 2 years, the highest Equity to Asset Ratio of AlphaVest Acquisition was 1.00. The lowest was 0.99. And the median was 0.99.

ATMV's Equity-to-Asset is ranked better than
97.29% of 627 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs ATMV: 0.99

AlphaVest Acquisition Equity-to-Asset Historical Data

The historical data trend for AlphaVest 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.

AlphaVest Acquisition Equity-to-Asset Chart

AlphaVest Acquisition Annual Data
Trend Dec22 Dec23
Equity-to-Asset
1.00 0.99

AlphaVest Acquisition Quarterly Data
Apr22 Sep22 Dec22 Dec23
Equity-to-Asset 0.10 0.06 1.00 0.99

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

For the Shell Companies subindustry, AlphaVest 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.


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

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

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



AlphaVest 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.

AlphaVest Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=50.556/50.944
=

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=50.556/50.944
=

* 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.


AlphaVest Acquisition  (NAS:ATMV) 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%.


AlphaVest Acquisition Equity-to-Asset Related Terms

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AlphaVest Acquisition (AlphaVest Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
AlphaVest Acquisition Corp is a blank check company.
Executives
Li (helen) Wei director C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
David Yan director, officer: Chief Executive officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Pengfei Zheng director, 10 percent owner C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Alphavest Holding Lp 10 percent owner 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Steve Jing director, officer: Chief Financial Officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Shu Wang director C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170