GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » A SPAC II Acquisition Corp (OTCPK:ASCBF) » Definitions » Equity-to-Asset

ASCBF (A SPAC II Acquisition) Equity-to-Asset : 0.68 (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is A SPAC II Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. A SPAC II Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $15.50 Mil. A SPAC II Acquisition's Total Assets for the quarter that ended in Jun. 2024 was $22.69 Mil.

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

ASCBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.68   Max: 0.97
Current: 0.68

During the past 3 years, the highest Equity to Asset Ratio of A SPAC II Acquisition was 0.97. The lowest was 0.09. And the median was 0.68.

ASCBF's Equity-to-Asset is ranked worse than
59.07% of 557 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs ASCBF: 0.68

A SPAC II Acquisition Equity-to-Asset Historical Data

The historical data trend for A SPAC II 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.

A SPAC II Acquisition Equity-to-Asset Chart

A SPAC II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.16 0.97 0.68

A SPAC II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.68 0.68 0.68 0.68

Competitive Comparison of A SPAC II Acquisition's Equity-to-Asset

For the Shell Companies subindustry, A SPAC II 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.


A SPAC II Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where A SPAC II Acquisition's Equity-to-Asset falls into.



A SPAC II 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.

A SPAC II Acquisition'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
=15.215/22.372
=

A SPAC II Acquisition's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=15.496/22.694
=

* 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.


A SPAC II Acquisition  (OTCPK:ASCBF) 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%.


A SPAC II Acquisition Equity-to-Asset Related Terms

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


A SPAC II Acquisition Business Description

Traded in Other Exchanges
N/A
Address
289 Beach Road, Number 03-01, Singapore, SGP, 199552
Website
A SPAC II Acquisition Corp is a shell company.
Executives
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Ka Wo Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Paul Cummins director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Bryan Biniak director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Anson Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Spac Ii (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000

A SPAC II Acquisition Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Context Capital Management, LLC

By GuruFocus Research GuruFocus Editor 08-03-2022