GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Iron Horse Acquisitions Corp (NAS:IROH) » Definitions » Equity-to-Asset

Iron Horse Acquisitions (Iron Horse Acquisitions) Equity-to-Asset : 0.95 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Iron Horse Acquisitions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Iron Horse Acquisitions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $66.78 Mil. Iron Horse Acquisitions's Total Assets for the quarter that ended in Mar. 2024 was $70.40 Mil.

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

IROH' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.51   Med: 0.03   Max: 0.95
Current: 0.95

During the past 4 years, the highest Equity to Asset Ratio of Iron Horse Acquisitions was 0.95. The lowest was -0.51. And the median was 0.03.

IROH's Equity-to-Asset is ranked better than
80.79% of 604 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs IROH: 0.95

Iron Horse Acquisitions Equity-to-Asset Historical Data

The historical data trend for Iron Horse Acquisitions'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.

Iron Horse Acquisitions Equity-to-Asset Chart

Iron Horse Acquisitions Annual Data
Trend Dec17 Dec21 Dec22 Dec23
Equity-to-Asset
0.03 0.03 -0.26 0.95

Iron Horse Acquisitions Quarterly Data
Dec17 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial -0.26 - -0.51 0.95 0.95

Competitive Comparison of Iron Horse Acquisitions's Equity-to-Asset

For the Shell Companies subindustry, Iron Horse Acquisitions'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.


Iron Horse Acquisitions's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Iron Horse Acquisitions's Equity-to-Asset falls into.



Iron Horse Acquisitions 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.

Iron Horse Acquisitions'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
=66.31/69.69
=

Iron Horse Acquisitions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=66.783/70.399
=

* 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.


Iron Horse Acquisitions  (NAS:IROH) 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%.


Iron Horse Acquisitions Equity-to-Asset Related Terms

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


Iron Horse Acquisitions (Iron Horse Acquisitions) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022
Website
Iron Horse Acquisition Corp is a blank check company.

Iron Horse Acquisitions (Iron Horse Acquisitions) Headlines