GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Swiftmerge Acquisition Corp (NAS:IVCP) » Definitions » Equity-to-Asset

Swiftmerge Acquisition (Swiftmerge Acquisition) Equity-to-Asset : 0.74 (As of Mar. 2024)


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

What is Swiftmerge Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Swiftmerge Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $9.94 Mil. Swiftmerge Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $13.39 Mil.

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

IVCP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.88   Max: 1
Current: 0.74

During the past 3 years, the highest Equity to Asset Ratio of Swiftmerge Acquisition was 1.00. The lowest was 0.02. And the median was 0.88.

IVCP's Equity-to-Asset is ranked worse than
54.73% of 603 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs IVCP: 0.74

Swiftmerge Acquisition Equity-to-Asset Historical Data

The historical data trend for Swiftmerge 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.

Swiftmerge Acquisition Equity-to-Asset Chart

Swiftmerge Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.96 1.00 0.87

Swiftmerge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.88 0.86 0.87 0.74

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

For the Shell Companies subindustry, Swiftmerge 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.


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

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

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



Swiftmerge 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.

Swiftmerge 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
=21.354/24.525
=

Swiftmerge Acquisition'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
=9.937/13.388
=

* 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.


Swiftmerge Acquisition  (NAS:IVCP) 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%.


Swiftmerge Acquisition Equity-to-Asset Related Terms

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


Swiftmerge Acquisition (Swiftmerge Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 Park Royal, Executive Suite 200, West Vancouver, BC, CAN, V7T 1A2
Swiftmerge Acquisition Corp is a blank check company.
Executives
Wesley K Clark director 1 INFORMATION WAY, LITTLE ROCK AR 72202
Brett Conrad director 1312 CEDAR ST., SANTA MONICA CA 90405
Leonard Makowka director 2931 PLUMBROOK LANE, MAUMEE OH 43537
George L Jones director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher J Munyan officer: CFO C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Swiftmerge Holdings Llc 10 percent owner 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
John Bremner director, officer: CEO C/O SWIFTMERGE ACQUISITION, 2710, WEST VANCOUVER A1 V7V3A2
Lyder Courtney director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Aston Loch officer: COO and Secretary C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Sarah Boatman director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2