IOACW (Innovative International Acquisition) Equity-to-Asset: 0.25 (As of Sep. 2023) — 73% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IOACW Innovative International Acquisition Corp IOACW
22 GF Score
Price $0.05
! 1 Warning Sign
View Full Analysis

What is Innovative International Acquisition Equity-to-Asset?

Innovative International Acquisition IOACW +31.58% 22 Equity-to-Asset is 0.25 as of Sep. 2023, which is 73% below its 10-year median of 0.92. GuruFocus rates IOACW with a GF Scoreâ„¢ of 22/100. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Innovative International Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.61 Mil. Innovative International Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $30.79 Mil.

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

IOACW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.92   Max: 1
Current: 0.25

During the past 2 years, the highest Equity to Asset Ratio of Innovative International Acquisition was 1.00. The lowest was 0.03. And the median was 0.92.

IOACW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.91 vs IOACW: 0.25

Innovative International Acquisition  (NAS:IOACW) 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%.


Innovative International Acquisition Equity-to-Asset Related Terms


Innovative International Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Innovative International 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.

Innovative International Acquisition Equity-to-Asset Chart

Innovative International Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.95 0.92

Innovative International Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.92 0.38 0.36 0.25

IOACW vs MITA, THCP, CSLM: Equity-to-Asset Comparison

For the Shell Companies subindustry, Innovative International 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.


Innovative International Acquisition Equity-to-Asset vs Diversified Financial Services Industry

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

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


IOACW
22GF Score
Innovative International Acquisition Corp IOACW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative International 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.

Innovative International Acquisition'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
=219.18/238.209
=

Innovative International Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=7.614/30.791
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.25 mean?
Innovative International Acquisition (IOACW) has a Equity-to-Asset of 0.25 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Innovative International Acquisition and its competitors. This is 73% below median its historical median of 0.92. Over the past decade, Innovative International Acquisition's Equity-to-Asset has ranged from 0.03 to 1.00.
Is Innovative International Acquisition's Equity-to-Asset too high?
Innovative International Acquisition's current Equity-to-Asset of 0.25 is 73% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.00. The Diversified Financial Services industry median Equity-to-Asset is 0.91. Innovative International Acquisition's value of 0.25 is 72.5% below this industry median. Overall, Innovative International Acquisition has a GF Scoreâ„¢ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Innovative International Acquisition's Equity-to-Asset compare to MITA and THCP?
Innovative International Acquisition's Equity-to-Asset of 0.25 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.91. Innovative International Acquisition's value of 0.25 is 72.5% below this benchmark. Historically, Innovative International Acquisition's own Equity-to-Asset has ranged from 0.03 to 1.00 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.91, Innovative International Acquisition has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative International Acquisition's current Equity-to-Asset of 0.25 is 72.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Innovative International Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative International Acquisition's current Equity-to-Asset is 0.25, which is 73% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative International Acquisition stock overvalued right now?
Innovative International Acquisition (IOACW) has a current Equity-to-Asset of 0.25. The current Equity-to-Asset is 0.25, which is 73% below median its 10-year median of 0.92 and 72.5% below the Diversified Financial Services industry median of 0.91. Innovative International Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Innovative International Acquisition (IOACW), the current Equity-to-Asset is 0.25 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innovative International Acquisition Business Description

Address 24681 La Plaza, Suite 300, Dana Point, CA, USA, 92629
Innovative International Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
22GF Score

Get the complete analysis for IOACW

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.05
Price