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


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What is TMT Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TMT Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $63.16 Mil. TMT Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $63.57 Mil.

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

TMTC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.03   Max: 0.99
Current: 0.99

During the past 3 years, the highest Equity to Asset Ratio of TMT Acquisition was 0.99. The lowest was 0.03. And the median was 0.03.

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

TMT Acquisition Equity-to-Asset Historical Data

The historical data trend for TMT 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.

TMT Acquisition Equity-to-Asset Chart

TMT Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.03 0.03 0.99

TMT Acquisition Quarterly Data
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 0.03 1.00 1.00 1.00 0.99

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

For the Shell Companies subindustry, TMT 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.


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

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

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



TMT 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.

TMT 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
=63.158/63.567
=

TMT 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
=63.158/63.567
=

* 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.


TMT Acquisition  (NAS:TMTC) 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%.


TMT Acquisition Equity-to-Asset Related Terms

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TMT Acquisition (TMT Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
500 Fifth Avenue, Suite 938, New York, NY, USA, 10110
Website
TMT Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
2tm Holding Lp 10 percent owner 500 FIFTH AVENUE, SUITE 938, NEW YORK NY 10110
Christopher Constable director 3000 NW 109TH AVE, MIAMI FL 33172
Dajiang Guo director, officer: Chief Executive Officer C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
Jichuan Yang officer: Chief Financial Officer C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
James Edward Burns director 3322 DESERT INN, MONTGOMERY TX 77356
Kenan Gong director C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110

TMT Acquisition (TMT Acquisition) Headlines