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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%.
Independence Holdings Equity-to-Asset Related Terms
Independence Holdings Equity-to-Asset Historical Data
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The historical data trend for Independence Holdings'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.
ACQRW vs MIT, LCA, KVSC: Equity-to-Asset Comparison
For the Shell Companies subindustry, Independence Holdings'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.
Independence Holdings Equity-to-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Independence Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Independence Holdings's Equity-to-Asset falls into.
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.
Independence Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Independence Holdings (ACQRW) has a Equity-to-Asset of 0.96 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Independence Holdings and its competitors. This is near median its historical median of 0.93. Over the past decade, Independence Holdings' Equity-to-Asset has ranged from 0.92 to 0.96.
Is Independence Holdings' Equity-to-Asset too high?
Independence Holdings' current Equity-to-Asset of 0.96 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 0.96. The Diversified Financial Services industry median Equity-to-Asset is 0.91. Independence Holdings' value of 0.96 is 5.5% above this industry median. Overall, Independence Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Independence Holdings' Equity-to-Asset compare to MIT and LCA?
Independence Holdings' Equity-to-Asset of 0.96 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.91. Independence Holdings' value of 0.96 is 5.5% above this benchmark. Historically, Independence Holdings' own Equity-to-Asset has ranged from 0.92 to 0.96 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.91, Independence Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Holdings's current Equity-to-Asset of 0.96 is 5.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Independence Holdings and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Holdings's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Holdings stock overvalued right now?
Independence Holdings (ACQRW) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.93 and 5.5% above the Diversified Financial Services industry median of 0.91. Independence Holdings' overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Independence Holdings (ACQRW), the current Equity-to-Asset is 0.96 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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