Athena Consumer Acquisition (Athena Consumer Acquisition) Equity-to-Asset : 0.37 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Athena Consumer Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Athena Consumer Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $8.16 Mil. Athena Consumer Acquisition's Total Assets for the quarter that ended in Jun. 2023 was $22.25 Mil.

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

ACAQ.U' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.95 Max: 0.96
Current: 0.37

During the past 2 years, the highest Equity to Asset Ratio of Athena Consumer Acquisition was 0.96. The lowest was 0.14. And the median was 0.95.

ACAQ.U's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs ACAQ.U: 0.37

Athena Consumer Acquisition Equity-to-Asset Historical Data

The historical data trend for Athena Consumer 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.

Athena Consumer Acquisition Equity-to-Asset Chart

Athena Consumer Acquisition Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

0.96

0.35

Athena Consumer Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Equity-to-Asset	Get a 7-Day Free Trial				0.96	0.95	0.35	0.38	0.37

Competitive Comparison of Athena Consumer Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Athena Consumer 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.

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

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

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

Athena Consumer 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.

Athena Consumer Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	7.609	/	22.027
	=

Athena Consumer Acquisition's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.159	/	22.253
	=

Athena Consumer Acquisition (AMEX:ACAQ.U) 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%.

Athena Consumer Acquisition Equity-to-Asset Related Terms

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

Athena Consumer Acquisition (Athena Consumer Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Consumer Acquisition Corp (AMEX:ACAQ.U) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

442 5th Avenue, New York, NY, USA, 10018

Website

http://www.athenaconsumerspac.com

Athena Consumer Acquisition Corp is a blank check company.

Executives

Sarah M Kauss	director	611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Jennifer Carr-smith	officer: COO and President	28 LIBERTY STREET, NEW YORK NY 10005
Dee M Robinson	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Kay Koplovitz	director	KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Isabelle D. Freidheim	director, 10 percent owner	125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Athena Consumer Acquisition Sponsor Llc	10 percent owner	442 5TH AVENUE, NEW YORK NY 10018
Angelina Smith	officer: Chief Financial Officer	C/O ATHENA ACQUISITION CORP., 442 5TH AVE., NEW YORK NY 10018
Jane Hyo-sung Park	officer: Chief Executive Officer	C/O ATHENA ACQUISITION CORP., 442 5TH AVE., NEW YORK NY 10018