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PowerUp Acquisition (PowerUp Acquisition) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is PowerUp Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PowerUp Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19.58 Mil. PowerUp Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $19.98 Mil.

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

PWUP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.97   Max: 0.98
Current: 0.98

During the past 3 years, the highest Equity to Asset Ratio of PowerUp Acquisition was 0.98. The lowest was 0.96. And the median was 0.97.

PWUP's Equity-to-Asset is ranked better than
93.18% of 616 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs PWUP: 0.98

PowerUp Acquisition Equity-to-Asset Historical Data

The historical data trend for PowerUp 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.

PowerUp Acquisition Equity-to-Asset Chart

PowerUp Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
- 0.96 0.98

PowerUp Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.99 0.98 0.98

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

For the Shell Companies subindustry, PowerUp 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.


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

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

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



PowerUp 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.

PowerUp 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
=19.579/19.982
=

PowerUp 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
=19.579/19.982
=

* 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.


PowerUp Acquisition  (NAS:PWUP) 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%.


PowerUp Acquisition Equity-to-Asset Related Terms

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


PowerUp Acquisition (PowerUp Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
188 Grand Street, Unit No.195, New York, NY, USA, 10013
PowerUp Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Surendra K Ajjarapu director, 10 percent owner, officer: Chief Executive Officer 8604 BUTTON BUSH CT, TAMPA FL 33647
Howard A. Doss officer: Chief Financial Officer 17537 DARBY LANE, LUTZ FL 90067
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Mayur Mansukhlal Doshi director 147 MCKINLEY AVENUE, ALBERTSON NY 11507
Srirama Associates, Llc 10 percent owner 515 MADISON AVE., SUITE 880, NEW YORK NY 10022
Kyle Joseph Campbell director 104 MOHANAN DRIVE, FORT WALTON BEACH FL 32547
Bruce L. Hack director 6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Powerup Sponsor Llc 10 percent owner 200 BROADWAY, FLOOR 3, NEW YORK NY 10038
Julie Uhrman director 199 WATER STREET, NEW YORK NY 10038
Jack Tretton director, officer: Chief Executive Officer 199 WATER STREET, NEW YORK NY 10038
Peter Blacklow director 199 WATER STREET, NEW YORK NY 10038
Gabriel Schillinger officer: President 199 WATER STREET, NEW YORK NY 10038
Michael J Olson officer: Chief Financial Officer 199 WATER STREET, NEW YORK NY 10038