Chardan Healthcare Acquisition 2 (Chardan Healthcare Acquisition 2) Equity-to-Asset : 0.93 (As of Jun. 2021)

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What is Chardan Healthcare Acquisition 2 Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chardan Healthcare Acquisition 2's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $80.40 Mil. Chardan Healthcare Acquisition 2's Total Assets for the quarter that ended in Jun. 2021 was $86.56 Mil.

The historical rank and industry rank for Chardan Healthcare Acquisition 2's Equity-to-Asset or its related term are showing as below:

CHAQ.WS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.93 Max: 0.99
Current: 0.93

During the past 3 years, the highest Equity to Asset Ratio of Chardan Healthcare Acquisition 2 was 0.99. The lowest was 0.11. And the median was 0.93.

CHAQ.WS's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs CHAQ.WS: 0.93

Chardan Healthcare Acquisition 2 Equity-to-Asset Historical Data

The historical data trend for Chardan Healthcare Acquisition 2'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.

Chardan Healthcare Acquisition 2 Equity-to-Asset Chart

Chardan Healthcare Acquisition 2 Annual Data

Trend

Dec18

Dec19

Dec20

Equity-to-Asset

0.92

0.99

Chardan Healthcare Acquisition 2 Semi-Annual Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Equity-to-Asset	Get a 7-Day Free Trial			0.99	0.99	0.99	0.93	0.93

Competitive Comparison of Chardan Healthcare Acquisition 2's Equity-to-Asset

For the Shell Companies subindustry, Chardan Healthcare Acquisition 2'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.

Chardan Healthcare Acquisition 2's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chardan Healthcare Acquisition 2's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chardan Healthcare Acquisition 2's Equity-to-Asset falls into.

Chardan Healthcare Acquisition 2 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.

Chardan Healthcare Acquisition 2's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	86.106	/	86.965
	=

Chardan Healthcare Acquisition 2's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	80.396	/	86.559
	=

Chardan Healthcare Acquisition 2 (AMEX:CHAQ.WS) 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%.

Chardan Healthcare Acquisition 2 Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Chardan Healthcare Acquisition 2's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Chardan Healthcare Acquisition 2 (Chardan Healthcare Acquisition 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chardan Healthcare Acquisition 2 Corp (AMEX:CHAQ.WS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 State Street, 21st Floor, New York, NY, USA, 10004

Website

https://www.chardanhealthcarespac.com

Chardan Healthcare Acquisition 2 Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.