CLAQW (CleanTech Acquisition) Equity-to-Asset: 0.96 (As of Jun. 2022) — Near Median

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What is CleanTech Acquisition Equity-to-Asset?

CleanTech Acquisition CLAQW Equity-to-Asset is 0.96 as of Jun. 2022, which is 1% above its 10-year median of 0.95. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CleanTech Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $167.67 Mil. CleanTech Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $174.69 Mil.

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

CLAQW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.95   Max: 0.97
Current: 0.96

During the past 2 years, the highest Equity to Asset Ratio of CleanTech Acquisition was 0.97. The lowest was 0.10. And the median was 0.95.

CLAQW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.9 vs CLAQW: 0.96

CleanTech Acquisition  (NAS:CLAQW) 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%.


CleanTech Acquisition Equity-to-Asset Related Terms


CleanTech Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for CleanTech 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.

CleanTech Acquisition Equity-to-Asset Chart

CleanTech Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.96 0.95

CleanTech Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Equity-to-Asset Get a 7-Day Free Trial 0.10 0.93 0.95 0.97 0.96

CLAQW vs PMVC, ARCK, GAPA: Equity-to-Asset Comparison

For the Shell Companies subindustry, CleanTech 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.


CleanTech Acquisition Equity-to-Asset vs Diversified Financial Services Industry

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

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



CleanTech 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.

CleanTech 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
=166.516/174.823
=

CleanTech Acquisition's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=167.672/174.686
=

* 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 0.96 mean?
CleanTech Acquisition (CLAQW) has a Equity-to-Asset of 0.96 as of Jun. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CleanTech Acquisition and its competitors. This is near median its historical median of 0.95. Over the past decade, CleanTech Acquisition's Equity-to-Asset has ranged from 0.10 to 0.97.
Is CleanTech Acquisition's Equity-to-Asset too high?
CleanTech Acquisition's current Equity-to-Asset of 0.96 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.97. The Diversified Financial Services industry median Equity-to-Asset is 0.90. CleanTech Acquisition's value of 0.96 is 6.7% above this industry median.
How does CleanTech Acquisition's Equity-to-Asset compare to PMVC and ARCK?
CleanTech Acquisition's Equity-to-Asset of 0.96 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.90. CleanTech Acquisition's value of 0.96 is 6.7% above this benchmark. Historically, CleanTech Acquisition's own Equity-to-Asset has ranged from 0.10 to 0.97 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.90, CleanTech Acquisition has consistently been above the industry average. 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 Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.90, based on 533 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. CleanTech Acquisition's current Equity-to-Asset of 0.96 is 6.7% above the industry median. 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 CleanTech Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanTech Acquisition's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanTech Acquisition stock overvalued right now?
CleanTech Acquisition (CLAQW) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.95 and 6.7% above the Diversified Financial Services industry median of 0.90. 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 CleanTech Acquisition (CLAQW), the current Equity-to-Asset is 0.96 as of Jun. 2022. 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.

CleanTech Acquisition Business Description

Address 207 West 25th Street, 9th Floor, New York, NY, USA, 10001
CleanTech Acquisition Corp is a blank check company.