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APXTW (Apex Technology Acquisition) Equity-to-Asset : 0.81 (As of Mar. 2021)


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What is Apex Technology Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apex Technology Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $285.86 Mil. Apex Technology Acquisition's Total Assets for the quarter that ended in Mar. 2021 was $352.61 Mil.

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

APXTW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.93   Max: 0.96
Current: 0.81

During the past 2 years, the highest Equity to Asset Ratio of Apex Technology Acquisition was 0.96. The lowest was 0.44. And the median was 0.93.

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

Apex Technology Acquisition Equity-to-Asset Historical Data

The historical data trend for Apex Technology 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.

Apex Technology Acquisition Equity-to-Asset Chart

Apex Technology Acquisition Annual Data
Trend Dec19 Dec20
Equity-to-Asset
0.90 0.73

Apex Technology Acquisition Semi-Annual Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Equity-to-Asset Get a 7-Day Free Trial 0.96 0.96 0.96 0.73 0.81

Competitive Comparison of Apex Technology Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Apex Technology 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.


Apex Technology Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Apex Technology 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.

Apex Technology Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=257.549/352.608
=

Apex Technology Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=285.861/352.612
=

* 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.


Apex Technology Acquisition  (NAS:APXTW) 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%.


Apex Technology Acquisition Equity-to-Asset Related Terms

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


Apex Technology Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
533 Airport Boulevard, Suite 400, Burlingame, CA, USA, 94010
Apex Technology Acquisition Corp is a blank check company.

Apex Technology Acquisition Headlines

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