CCAJ (Coastal Capital Acquisition) Equity-to-Asset: -2.64 (As of Sep. 2023)

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What is Coastal Capital Acquisition Equity-to-Asset?

Coastal Capital Acquisition CCAJ -11.76% Equity-to-Asset is -2.64 as of Sep. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coastal Capital Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.08 Mil. Coastal Capital Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $0.03 Mil.

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

CCAJ's Equity-to-Asset is not ranked *
in the Construction industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Coastal Capital Acquisition  (OTCPK:CCAJ) 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%.

Coastal Capital Acquisition Equity-to-Asset Related Terms

Coastal Capital Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Coastal Capital 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.

Coastal Capital Acquisition Equity-to-Asset Chart

Coastal Capital Acquisition Annual Data
Trend
Equity-to-Asset

Coastal Capital Acquisition Quarterly Data
Sep22 Sep23
Equity-to-Asset 0.99 -2.64

CCAJ vs SODE, CIPI, KASTD: Equity-to-Asset Comparison

For the Engineering & Construction subindustry, Coastal Capital 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.

Coastal Capital Acquisition Equity-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Coastal Capital Acquisition's Equity-to-Asset distribution charts can be found below:

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


Coastal Capital 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.

Coastal Capital Acquisition's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Coastal Capital Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.07565748/0.02867834
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -2.64 mean?
Coastal Capital Acquisition (CCAJ) has a Equity-to-Asset of -2.64 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Coastal Capital Acquisition and its competitors.
Is Coastal Capital Acquisition's Equity-to-Asset too high?
Coastal Capital Acquisition's current Equity-to-Asset is -2.64.
How does Coastal Capital Acquisition's Equity-to-Asset compare to SODE and CIPI?
Coastal Capital Acquisition's Equity-to-Asset of -2.64 can be compared against companies in the Construction industry. The industry median Equity-to-Asset is 0.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,797 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Coastal Capital Acquisition and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coastal Capital Acquisition's current Equity-to-Asset is -2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current Equity-to-Asset of -2.64. The current Equity-to-Asset is -2.64. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Coastal Capital Acquisition (CCAJ), the current Equity-to-Asset is -2.64 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.