Interra Acquisition (HKSE:04801) Equity-to-Asset : -0.12 (As of Dec. 2023)

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What is Interra Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Interra Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-121.57 Mil. Interra Acquisition's Total Assets for the quarter that ended in Dec. 2023 was HK$1,050.88 Mil.

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

HKSE:04801' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.12 Med: -0.12 Max: -0.12
Current: -0.12

During the past 2 years, the highest Equity to Asset Ratio of Interra Acquisition was -0.12. The lowest was -0.12. And the median was -0.12.

HKSE:04801's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs HKSE:04801: -0.12

Interra Acquisition Equity-to-Asset Historical Data

The historical data trend for Interra 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.

Interra Acquisition Equity-to-Asset Chart

Interra Acquisition Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

-0.12

Interra Acquisition Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	-0.29	-0.12	-0.10	-0.12

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

For the Shell Companies subindustry, Interra 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.

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

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

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

Interra 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.

Interra Acquisition'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
	=	-121.569	/	1050.877
	=

Interra Acquisition'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
	=	-121.569	/	1050.877
	=

Interra Acquisition (HKSE:04801) 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%.

Interra Acquisition Equity-to-Asset Related Terms

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

Interra Acquisition (HKSE:04801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Interra Acquisition Corp (HKSE:04801) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG

Website

https://www.interraacquisition.com

Interra Acquisition Corp is a newly incorporated special purpose acquisition company. Its strategy is to invest in high-growth companies focused on Greater China in the sectors of technology, consumer and new retail, manufacturing, healthcare and climate action.

Interra Acquisition (HKSE:04801) Headlines

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