BM3EAC (FRA:KN2) Equity-to-Asset : -3.97 (As of Dec. 2023)

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What is BM3EAC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BM3EAC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-0.13 Mil. BM3EAC's Total Assets for the quarter that ended in Dec. 2023 was €0.03 Mil.

The historical rank and industry rank for BM3EAC's Equity-to-Asset or its related term are showing as below:

FRA:KN2' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.97 Med: -0.02 Max: 0.01
Current: -3.97

During the past 3 years, the highest Equity to Asset Ratio of BM3EAC was 0.01. The lowest was -3.97. And the median was -0.02.

FRA:KN2's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.83 vs FRA:KN2: -3.97

BM3EAC Equity-to-Asset Historical Data

The historical data trend for BM3EAC'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.

BM3EAC Equity-to-Asset Chart

BM3EAC Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.01

-0.02

-3.97

BM3EAC Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.02	-0.02	0.72	-3.97

Competitive Comparison of BM3EAC's Equity-to-Asset

For the Shell Companies subindustry, BM3EAC'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.

BM3EAC's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BM3EAC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where BM3EAC's Equity-to-Asset falls into.

BM3EAC 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.

BM3EAC'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
	=	-0.131	/	0.033
	=

BM3EAC'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
	=	-0.131	/	0.033
	=

BM3EAC (FRA:KN2) 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%.

BM3EAC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of BM3EAC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

BM3EAC (FRA:KN2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BM3EAC Corp (FRA:KN2) » Definitions » Equity-to-Asset

Comparable Companies

ASZ DWAC CCYC KAHC CVII IPOF JWSM AAC GGPI XAMS:SPR1

Traded in Other Exchanges

N/A

Address

c/o Brigade Capital Management, LP, 399 Park Avenue, 16th Floor, New York, NY, USA, 10022

Website

https://www.brigadem3eac.com

BM3EAC Corp formerly, Brigade-M3 European Acquisition Corp is a special purpose acquisition company ("SPAC"), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination (a "Business Combination") with an operating company with significant operations in Europe.

BM3EAC (FRA:KN2) Headlines

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