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ACAC (Acri Capital Acquisition) Equity-to-Asset : 0.73 (As of Jun. 2024)


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What is Acri Capital Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Acri Capital Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $15.51 Mil. Acri Capital Acquisition's Total Assets for the quarter that ended in Jun. 2024 was $21.28 Mil.

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

ACAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.88   Max: 0.97
Current: 0.73

During the past 2 years, the highest Equity to Asset Ratio of Acri Capital Acquisition was 0.97. The lowest was 0.15. And the median was 0.88.

ACAC's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs ACAC: 0.73

Acri Capital Acquisition Equity-to-Asset Historical Data

The historical data trend for Acri Capital 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.

Acri Capital Acquisition Equity-to-Asset Chart

Acri Capital Acquisition Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.97 0.86

Acri Capital Acquisition Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.87 0.86 0.86 0.73

Competitive Comparison of Acri Capital Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Acri Capital 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.


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

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

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


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Acri Capital 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.

Acri Capital 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
=31.561/36.733
=

Acri Capital Acquisition's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=15.506/21.278
=

* 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.


Acri Capital Acquisition  (NAS:ACAC) 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%.


Acri Capital Acquisition Equity-to-Asset Related Terms

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


Acri Capital Acquisition Business Description

Traded in Other Exchanges
N/A
Address
13284 Pond Springs Road, Suite 405, Austin, TX, USA, 78729
Acri Capital Acquisition Corp is a newly organized blank check company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller director 2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua director, 10 percent owner, officer: CEO and Chairwoman 6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc 10 percent owner 6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr. director 136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce director 2961-A HUNTER MILL RD, #124, OAKTON VA 22124

Acri Capital Acquisition Headlines