GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Horizon Space Acquisition I Corp (NAS:HSPOW) » Definitions » Equity-to-Asset

Horizon Space Acquisition I (Horizon Space Acquisition I) Equity-to-Asset : 0.95 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Horizon Space Acquisition I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Horizon Space Acquisition I's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $57.29 Mil. Horizon Space Acquisition I's Total Assets for the quarter that ended in Mar. 2024 was $60.32 Mil.

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

HSPOW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.97   Max: 0.97
Current: 0.95

During the past 2 years, the highest Equity to Asset Ratio of Horizon Space Acquisition I was 0.97. The lowest was 0.13. And the median was 0.97.

HSPOW's Equity-to-Asset is ranked better than
81.17% of 616 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs HSPOW: 0.95

Horizon Space Acquisition I Equity-to-Asset Historical Data

The historical data trend for Horizon Space Acquisition I'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.

Horizon Space Acquisition I Equity-to-Asset Chart

Horizon Space Acquisition I Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.97 0.96

Horizon Space Acquisition I Semi-Annual Data
Aug22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.97 0.97 0.97 0.96 0.95

Competitive Comparison of Horizon Space Acquisition I's Equity-to-Asset

For the Shell Companies subindustry, Horizon Space Acquisition I'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.


Horizon Space Acquisition I's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Horizon Space Acquisition I 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.

Horizon Space Acquisition I'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
=65.417/68.246
=

Horizon Space Acquisition I's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=57.286/60.318
=

* 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.


Horizon Space Acquisition I  (NAS:HSPOW) 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%.


Horizon Space Acquisition I Equity-to-Asset Related Terms

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


Horizon Space Acquisition I (Horizon Space Acquisition I) Business Description

Traded in Other Exchanges
Address
1412 Broadway, 21st Floor, Suite 21V, New York, NY, USA, 10018
Website
Horizon Space Acquisition I Corp is a blank check company.

Horizon Space Acquisition I (Horizon Space Acquisition I) Headlines