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Goldenbridge Acquisition (Goldenbridge Acquisition) Equity-to-Asset : 0.79 (As of Dec. 2022)


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What is Goldenbridge Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goldenbridge Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $14.58 Mil. Goldenbridge Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $18.50 Mil.

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

GBRGU' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.61   Med: 0.94   Max: 0.95
Current: 0.79

During the past 3 years, the highest Equity to Asset Ratio of Goldenbridge Acquisition was 0.95. The lowest was -1.61. And the median was 0.94.

GBRGU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs GBRGU: 0.79

Goldenbridge Acquisition Equity-to-Asset Historical Data

The historical data trend for Goldenbridge 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.

Goldenbridge Acquisition Equity-to-Asset Chart

Goldenbridge Acquisition Annual Data
Trend Jun20 Jun21 Jun22
Equity-to-Asset
-0.13 0.95 0.94

Goldenbridge Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.94 0.94 0.94 0.79

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

For the Shell Companies subindustry, Goldenbridge 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.


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

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

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



Goldenbridge 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.

Goldenbridge Acquisition's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=55.348/58.865
=

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

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=14.58/18.497
=

* 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.


Goldenbridge Acquisition  (NAS:GBRGU) 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%.


Goldenbridge Acquisition Equity-to-Asset Related Terms

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


Goldenbridge Acquisition (Goldenbridge Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
171-172 Gloucester Road, 15th Floor, Aubin House, Wanchai, Hong Kong, HKG
Website
Goldenbridge Acquisition Ltd is a blank check company.
Executives
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jining Li director FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE RD, WANCHAI, HONG KONG F4 00000
Yanhong Xue officer: Chief Financial Officer ROOM 801, PLAZA B, YONGHE BUILDING,, NO.28 ANDINGMEN EAST STREET, DONGCHENG D, BEIJING F4 100007
Kinpui Choi director FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Yongsheng Liu director, officer: Chief Executive Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Claude P. Franco director C/O GOLDENBRIDGE ACQUISITION LIMITED, 15/F, AUBIN HOUSE, 171-172 GLOUCESTER RD, WANCHAI K3 00000
Michael E. Chen director 75 PASTURES LANE, NEW CANAAN CT 06840

Goldenbridge Acquisition (Goldenbridge Acquisition) Headlines

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