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Bright Lights Acquisition (Bright Lights Acquisition) Equity-to-Asset : 0.94 (As of Sep. 2022)


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What is Bright Lights Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bright Lights Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $218.84 Mil. Bright Lights Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $232.44 Mil.

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

BLTSU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.9   Max: 0.94
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of Bright Lights Acquisition was 0.94. The lowest was 0.06. And the median was 0.90.

BLTSU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs BLTSU: 0.94

Bright Lights Acquisition Equity-to-Asset Historical Data

The historical data trend for Bright Lights 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.

Bright Lights Acquisition Equity-to-Asset Chart

Bright Lights Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.06 0.88

Bright Lights Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.88 0.88 0.90 0.93 0.94

Competitive Comparison of Bright Lights Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Bright Lights 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.


Bright Lights Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Bright Lights 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.

Bright Lights Acquisition'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
=202.676/230.701
=

Bright Lights Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=218.844/232.444
=

* 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.


Bright Lights Acquisition  (NAS:BLTSU) 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%.


Bright Lights Acquisition Equity-to-Asset Related Terms

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


Bright Lights Acquisition (Bright Lights Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
12100 Wilshire Boulevard, Suite 1150, Los Angeles, CA, USA, 90025
Bright Lights Acquisition Corp is a blank check company.
Executives
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Peter Guber director 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
John Howard director 277 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10172
Bright Lights Sponsor Llc 10 percent owner, other: See Remarks. 12100 WILSHIIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Allen Shapiro director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Michael Mahan director, 10 percent owner, officer: CEO C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Bright Lights Holdco Llc 10 percent owner, other: See Remarks. C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Ciara Wilson director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Selena Kalvaria director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Hahn Lee officer: CFO & Secretary C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025