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Genesis Unicorn Capital (Genesis Unicorn Capital) Equity-to-Asset : 0.91 (As of Mar. 2023)


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What is Genesis Unicorn Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Genesis Unicorn Capital's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $51.92 Mil. Genesis Unicorn Capital's Total Assets for the quarter that ended in Mar. 2023 was $57.14 Mil.

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

GENQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.93   Max: 0.97
Current: 0.91

During the past 2 years, the highest Equity to Asset Ratio of Genesis Unicorn Capital was 0.97. The lowest was 0.04. And the median was 0.93.

GENQ's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs GENQ: 0.91

Genesis Unicorn Capital Equity-to-Asset Historical Data

The historical data trend for Genesis Unicorn Capital'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.

Genesis Unicorn Capital Equity-to-Asset Chart

Genesis Unicorn Capital Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.04 0.96

Genesis Unicorn Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.97 0.97 0.97 0.96 0.91

Competitive Comparison of Genesis Unicorn Capital's Equity-to-Asset

For the Shell Companies subindustry, Genesis Unicorn Capital'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.

Genesis Unicorn Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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


Genesis Unicorn Capital 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.

Genesis Unicorn Capital'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
=85.137/89.099
=

Genesis Unicorn Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=51.923/57.137
=

* 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.

Genesis Unicorn Capital  (NAS:GENQ) 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%.

Genesis Unicorn Capital Equity-to-Asset Related Terms

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

Genesis Unicorn Capital (Genesis Unicorn Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Genesis Unicorn Capital Corp (NAS:GENQ) » Definitions » Equity-to-Asset
Comparable Companies
AIB DUET ACAX BRAC MSAC LAX FVAM BWAC PCX GDNR GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
281 Witherspoon Stree, Suite 120, Princeton, NJ, USA, 08540
Website
Genesis Unicorn Capital Corp is a blank check company.
Executives
Adeoye Y Olukotun officer: Chief Executive Officer 3621 SOUTH STATE ST, 695 KMS PL, ANN ARBOR MI 48108
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Juan Fernandez Pascual officer: Chief Operating Officer URBANIZATION LA SIERRA, 28 39110, SOTO DE LA MARINA U3 87670
Chung Fan Cheng director 16G, TOWER 1, TWIN PEAKS, 9 CHI SHIN STREET, TSEUNG KWAN O K3 00000
Samuel Lui director, 10 percent owner, officer: Chairman, President, CFO 7/F UNIT B, TOWER 5,RESIDENCE BEL-AIR, PHASE 1, 28 BEL-AIR AVENUE, POKFULAM K3 00000
Ernest Fong director 80 RAFFLES PLACE, # 37-02, UOB, PLAZA 1, S048624 U0 069541
Niel Starksen officer: Chief Scientific Officer 12119 EDGECLIFF PLACE, LOS ALTOS HILLS CA 94022
Genesis Unicorn Capital, Llc 10 percent owner 281 WITHERSPOON STREET, SUITE 120, PRINCETON NJ 08540