Cartesian Growth II (Cartesian Growth II) Equity-to-Asset : 0.89 (As of Dec. 2023)

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What is Cartesian Growth II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cartesian Growth II's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $155.71 Mil. Cartesian Growth II's Total Assets for the quarter that ended in Dec. 2023 was $174.58 Mil.

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

RENE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05 Med: 0.89 Max: 0.92
Current: 0.89

During the past 3 years, the highest Equity to Asset Ratio of Cartesian Growth II was 0.92. The lowest was 0.05. And the median was 0.89.

RENE's Equity-to-Asset is ranked better than
64.91% of 627 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs RENE: 0.89

Cartesian Growth II Equity-to-Asset Historical Data

The historical data trend for Cartesian Growth II'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.

Cartesian Growth II Equity-to-Asset Chart

Cartesian Growth II Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.05

0.92

0.89

Cartesian Growth II Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				0.92	0.93	0.93	0.93	0.89

Competitive Comparison of Cartesian Growth II's Equity-to-Asset

For the Shell Companies subindustry, Cartesian Growth II'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.

Cartesian Growth II's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Cartesian Growth II's Equity-to-Asset falls into.

Cartesian Growth II 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.

Cartesian Growth II'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
	=	155.712	/	174.582
	=

Cartesian Growth II'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
	=	155.712	/	174.582
	=

Cartesian Growth II (NAS:RENE) 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%.

Cartesian Growth II Equity-to-Asset Related Terms

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

Cartesian Growth II (Cartesian Growth II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cartesian Growth Corp II (NAS:RENE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.cartesiangrowth.com

Cartesian Growth Corp II is a blank check company.

Executives

Peter Yu	director, 10 percent owner, officer: See Remarks	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Beth Michelson	officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Cgc Ii Sponsor Llc	10 percent owner	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Luque Rafael De	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Sheryl Schwartz	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Allan Leighton	director	C/O CARTESIAN GROWTH CORPORATION II, NEW YORK NY 10017