DUNEW (Dune Acquisition) Equity-to-Asset: 0.76 (As of Sep. 2023) — 14% Below Median

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DUNEW Dune Acquisition Corp DUNEW
24 GF Score
Price $0.04
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What is Dune Acquisition Equity-to-Asset?

Dune Acquisition DUNEW 24 Equity-to-Asset is 0.76 as of Sep. 2023, which is 14% below its 10-year median of 0.88. GuruFocus rates DUNEW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dune Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $9.14 Mil. Dune Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $12.10 Mil.

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

DUNEW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.88   Max: 0.94
Current: 0.76

During the past 3 years, the highest Equity to Asset Ratio of Dune Acquisition was 0.94. The lowest was 0.08. And the median was 0.88.

DUNEW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.94 vs DUNEW: 0.76

Dune Acquisition  (NAS:DUNEW) 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%.


Dune Acquisition Equity-to-Asset Related Terms


Dune Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Dune 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.

Dune Acquisition Equity-to-Asset Chart

Dune Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.88 0.92 0.67

Dune Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.67 0.91 0.87 0.76

DUNEW vs SMAP, ARIZ, PEPL: Equity-to-Asset Comparison

For the Shell Companies subindustry, Dune 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.


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

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

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


DUNEW
24GF Score
Dune Acquisition Corp DUNEW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Dune 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.

Dune Acquisition'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
=9.823/14.721
=

Dune 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
=9.135/12.102
=

* 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 0.76 mean?
Dune Acquisition (DUNEW) has a Equity-to-Asset of 0.76 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Dune Acquisition and its competitors. This is 14% below median its historical median of 0.88. Over the past decade, Dune Acquisition's Equity-to-Asset has ranged from 0.08 to 0.94.
Is Dune Acquisition's Equity-to-Asset too high?
Dune Acquisition's current Equity-to-Asset of 0.76 is 14% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.94. The Diversified Financial Services industry median Equity-to-Asset is 0.94. Dune Acquisition's value of 0.76 is 19.1% below this industry median. Overall, Dune Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Dune Acquisition's Equity-to-Asset compare to SMAP and ARIZ?
Dune Acquisition's Equity-to-Asset of 0.76 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.94. Dune Acquisition's value of 0.76 is 19.1% below this benchmark. Historically, Dune Acquisition's own Equity-to-Asset has ranged from 0.08 to 0.94 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.94, Dune Acquisition has consistently been below 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 0.94, based on 587 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. Dune Acquisition's current Equity-to-Asset of 0.76 is 19.1% below 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 Dune Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dune Acquisition's current Equity-to-Asset is 0.76, which is 14% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dune Acquisition stock overvalued right now?
Dune Acquisition (DUNEW) has a current Equity-to-Asset of 0.76. The current Equity-to-Asset is 0.76, which is 14% below median its 10-year median of 0.88 and 19.1% below the Diversified Financial Services industry median of 0.94. Dune Acquisition's overall GF Score™ is 24/100 with 1 warning sign to review. 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 Dune Acquisition (DUNEW), the current Equity-to-Asset is 0.76 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.

Dune Acquisition Business Description

Address 700 S. Rosemary Avenue, Suite 204, West Palm Beach, FL, USA, 33401
Dune Acquisition Corp is a blank check company.
24GF Score

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