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INSU Acquisition III (INSU Acquisition III) Equity-to-Asset : 0.95 (As of Sep. 2022)


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What is INSU Acquisition III Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. INSU Acquisition III's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $238.47 Mil. INSU Acquisition III's Total Assets for the quarter that ended in Sep. 2022 was $251.15 Mil.

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

IIII's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

INSU Acquisition III Equity-to-Asset Historical Data

The historical data trend for INSU Acquisition III'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.

INSU Acquisition III Equity-to-Asset Chart

INSU Acquisition III Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.91 0.93

INSU Acquisition III Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.92 0.93 0.95 0.95 0.95

Competitive Comparison of INSU Acquisition III's Equity-to-Asset

For the Shell Companies subindustry, INSU Acquisition III'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.


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

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

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



INSU Acquisition III 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.

INSU Acquisition III's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=233.436/250.424
=

INSU Acquisition III's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=238.466/251.147
=

* 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.


INSU Acquisition III  (NAS:IIII) 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%.


INSU Acquisition III Equity-to-Asset Related Terms

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


INSU Acquisition III (INSU Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
INSU Acquisition Corp III is a blank check company.
Executives
Daniel G Cohen director, 10 percent owner 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Pooler Joseph W. Jr. officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Walter T Beach director 409 SILVERSIDE ROAD, WILMINGTON DE 19809
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Cohen & Company, Llc 10 percent owner 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19103
John Miles Butler officer: President and CEO 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Sasson Posner director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Sheila Nicoll director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Insurance Acquisition Sponsor Iii, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Dioptra Advisors Iii, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104