GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inception Growth Acquisition Ltd (NAS:IGTA) » Definitions » Equity-to-Asset

Inception Growth Acquisition (Inception Growth Acquisition) Equity-to-Asset : 0.87 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Inception Growth Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inception Growth Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27.82 Mil. Inception Growth Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $32.12 Mil.

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

IGTA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.87   Med: 0.97   Max: 0.97
Current: 0.87

During the past 3 years, the highest Equity to Asset Ratio of Inception Growth Acquisition was 0.97. The lowest was 0.87. And the median was 0.97.

IGTA's Equity-to-Asset is ranked better than
60.16% of 625 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs IGTA: 0.87

Inception Growth Acquisition Equity-to-Asset Historical Data

The historical data trend for Inception Growth 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.

Inception Growth Acquisition Equity-to-Asset Chart

Inception Growth Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.97 0.87

Inception Growth Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.97 0.40 0.91 0.57 0.87

Competitive Comparison of Inception Growth Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Inception Growth 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.

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

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

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


Inception Growth 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.

Inception Growth 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
=27.82/32.116
=

Inception Growth 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
=27.82/32.116
=

* 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.

Inception Growth Acquisition  (NAS:IGTA) 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%.

Inception Growth Acquisition Equity-to-Asset Related Terms

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

Inception Growth Acquisition (Inception Growth Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inception Growth Acquisition Ltd (NAS:IGTA) » Definitions » Equity-to-Asset
Comparable Companies
HNRA GBBK VHAQ SGII HPLT RFAC GTAC ARTE GGAAF AEAE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
875 Washington Street, New York, NY, USA, 10014
Website
http://www.inceptiongrowth1.com
Inception Growth Acquisition Ltd is a blank check company.
Executives
Soul Venture Partners Llc 10 percent owner 875 WASHINGTON STREET, NEW YORK NY 10014
Yan Yannie Xu director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Michael Lawrence Coyne director 10/F TOWER A, BILLION CENTRE, 1 WANG KWONG ROAD, KOWLOON BAY K3 999077
Cheuk Hang Chow director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Yun Pun Wong director, officer: CFO UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Matthew Hong director 8 NEWBURY STREET, BOSTON MA 02116
Paige Edward Craig director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Suen Man Tak Stephen director 875 WASHINGTON STREET, NEW YORK NY 10014
Albert Chang director 875 WASHINGTON STREET, NEW YORK NY 10014