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APSG.WS (Apollo Strategic Growth Capital) Equity-to-Asset : 0.87 (As of Mar. 2022)


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What is Apollo Strategic Growth Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apollo Strategic Growth Capital's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $713.76 Mil. Apollo Strategic Growth Capital's Total Assets for the quarter that ended in Mar. 2022 was $818.10 Mil.

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

APSG.WS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.89   Max: 1
Current: 0.87

During the past 4 years, the highest Equity to Asset Ratio of Apollo Strategic Growth Capital was 1.00. The lowest was -0.01. And the median was 0.89.

APSG.WS's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs APSG.WS: 0.87

Apollo Strategic Growth Capital Equity-to-Asset Historical Data

The historical data trend for Apollo Strategic Growth Capital'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.

Apollo Strategic Growth Capital Equity-to-Asset Chart

Apollo Strategic Growth Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
- 1.00 0.87 0.88

Apollo Strategic Growth Capital Semi-Annual Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.90 0.91 0.88 0.87

Competitive Comparison of Apollo Strategic Growth Capital's Equity-to-Asset

For the Shell Companies subindustry, Apollo Strategic Growth Capital'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.


Apollo Strategic Growth Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Apollo Strategic Growth Capital's Equity-to-Asset falls into.


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Apollo Strategic Growth Capital 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.

Apollo Strategic Growth Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=719.081/818.014
=

Apollo Strategic Growth Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=713.755/818.095
=

* 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.


Apollo Strategic Growth Capital  (NYSE:APSG.WS) 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%.


Apollo Strategic Growth Capital Equity-to-Asset Related Terms

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


Apollo Strategic Growth Capital Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, 43rd Floor, New Yor, NY, USA, 10019
Apollo Strategic Growth Capital is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Apollo Strategic Growth Capital Headlines

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