Digital Transformation Opportunities (Digital Transformation Opportunities) Equity-to-Asset : 0.44 (As of Jun. 2023)

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What is Digital Transformation Opportunities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Digital Transformation Opportunities's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $8.50 Mil. Digital Transformation Opportunities's Total Assets for the quarter that ended in Jun. 2023 was $19.40 Mil.

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

DTOCW' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1 Med: 0.93 Max: 0.96
Current: 0.44

During the past 3 years, the highest Equity to Asset Ratio of Digital Transformation Opportunities was 0.96. The lowest was -0.10. And the median was 0.93.

DTOCW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs DTOCW: 0.44

Digital Transformation Opportunities Equity-to-Asset Historical Data

The historical data trend for Digital Transformation Opportunities'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.

Digital Transformation Opportunities Equity-to-Asset Chart

Digital Transformation Opportunities Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

-0.10

0.93

0.95

Digital Transformation Opportunities Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Equity-to-Asset	Get a 7-Day Free Trial						0.95	0.96	0.95	-0.05	0.44

Competitive Comparison of Digital Transformation Opportunities's Equity-to-Asset

For the Shell Companies subindustry, Digital Transformation Opportunities'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.

Digital Transformation Opportunities's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Digital Transformation Opportunities's Equity-to-Asset falls into.

Digital Transformation Opportunities 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.

Digital Transformation Opportunities's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	323.155	/	338.883
	=

Digital Transformation Opportunities's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.503	/	19.398
	=

Digital Transformation Opportunities (NAS:DTOCW) 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%.

Digital Transformation Opportunities Equity-to-Asset Related Terms

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