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Cartica Acquisition (Cartica Acquisition) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Cartica Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cartica Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.60 Mil. Cartica Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $46.40 Mil.

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

CITE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.58   Med: 0.96   Max: 0.96
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of Cartica Acquisition was 0.96. The lowest was -0.58. And the median was 0.96.

CITE's Equity-to-Asset is ranked better than
83.49% of 630 companies
in the Diversified Financial Services industry
Industry Median: 0.83 vs CITE: 0.96

Cartica Acquisition Equity-to-Asset Historical Data

The historical data trend for Cartica 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.

Cartica Acquisition Equity-to-Asset Chart

Cartica Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-0.58 0.96 0.96

Cartica Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.18 0.96 0.96

Competitive Comparison of Cartica Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Cartica 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.


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

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

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



Cartica 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.

Cartica 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
=44.602/46.403
=

Cartica Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=44.602/46.403
=

* 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.


Cartica Acquisition  (NAS:CITE) 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%.


Cartica Acquisition Equity-to-Asset Related Terms

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


Cartica Acquisition (Cartica Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1775 I Street NW, Suite 900, Washington, DC, USA, 20006
Cartica Acquisition Corp is a blank check company.
Executives
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Kishore Kondragunta director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Suresh Guduru director, 10 percent owner, officer: Chief Executive Officer 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Kyle I. Parent director 3524 SILVERSIDE ROAD, SUITE 35B3524, WILMINGTON DE 19801
Rana Gujral director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Suresh Singamsetty director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Asif Ramji director 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Parul Bhandari director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Cartica Acquisition Partners, Llc 10 percent owner 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Steven J. Quamme director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Farida Khambata director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Sanjeev Goel director, officer: Chief Executive Officer 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
C. Brian Coad officer: COO and CFO 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Keki M. Mistry director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Subramanian Ramadorai director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006