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APXI (APx Acquisition I) Equity-to-Asset : 0.93 (As of Sep. 2024)


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What is APx Acquisition I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. APx Acquisition I's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $61.32 Mil. APx Acquisition I's Total Assets for the quarter that ended in Sep. 2024 was $66.17 Mil.

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

APXI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.95   Max: 0.99
Current: 0.93

During the past 3 years, the highest Equity to Asset Ratio of APx Acquisition I was 0.99. The lowest was 0.03. And the median was 0.95.

APXI's Equity-to-Asset is ranked better than
73.79% of 557 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs APXI: 0.93

APx Acquisition I Equity-to-Asset Historical Data

The historical data trend for APx Acquisition I'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.

APx Acquisition I Equity-to-Asset Chart

APx Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.90 0.99 0.97

APx Acquisition I Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.97 0.92 0.91 0.93

Competitive Comparison of APx Acquisition I's Equity-to-Asset

For the Shell Companies subindustry, APx Acquisition I'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.


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

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

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



APx Acquisition I 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.

APx Acquisition I'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
=61.073/62.697
=

APx Acquisition I's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=61.323/66.172
=

* 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.


APx Acquisition I  (NAS:APXI) 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%.


APx Acquisition I Equity-to-Asset Related Terms

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


APx Acquisition I Business Description

Traded in Other Exchanges
N/A
Address
714 Westview Avenue, Nashville, TN, USA, 05370
APx Acquisition Corp I is a newly incorporated blank check company.
Executives
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Diego Dayenoff director 80 RIVERSIDE BOULEVARD 1F, NEW YORK NY 10069
Alfredo Vara Alonso director JUAN SALADOR AGRAZ 65 P 9, CONTADERO CUAJIMALPA DE MORE, MEXICO CITY O5 05370
Daniel Braatz director, officer: Chief Executive Officer JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Sponsor Group I, Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KYL-1104
Angel Losada Moreno director CALLE EJERCITO NAC NO 769 TORRE B PISO, 8 COLONIA GRANA DELEGACION MIGUEL HIDALG, CIUDAD DE MEXICO O5 CP 11520
Xavier Martinez officer: Chief Financial Officer JUAN SALVADOR AGRAZ 65 CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Holdings I, Llc 10 percent owner JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370