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Prime Impact Acquisition I (Prime Impact Acquisition I) Equity-to-Asset : 0.85 (As of Jun. 2023)


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What is Prime Impact Acquisition I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prime Impact Acquisition I's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $42.37 Mil. Prime Impact Acquisition I's Total Assets for the quarter that ended in Jun. 2023 was $49.60 Mil.

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

PRIAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.92   Max: 0.96
Current: 0.85

During the past 3 years, the highest Equity to Asset Ratio of Prime Impact Acquisition I was 0.96. The lowest was 0.44. And the median was 0.92.

PRIAF's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs PRIAF: 0.85

Prime Impact Acquisition I Equity-to-Asset Historical Data

The historical data trend for Prime Impact 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.

Prime Impact Acquisition I Equity-to-Asset Chart

Prime Impact Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.89 0.94 0.95

Prime Impact Acquisition I Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.79 0.95 0.86 0.85

Competitive Comparison of Prime Impact Acquisition I's Equity-to-Asset

For the Shell Companies subindustry, Prime Impact 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.


Prime Impact Acquisition I's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Prime Impact 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.

Prime Impact Acquisition I'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
=66.116/69.923
=

Prime Impact Acquisition I's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=42.368/49.6
=

* 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.


Prime Impact Acquisition I  (OTCPK:PRIAF) 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%.


Prime Impact Acquisition I Equity-to-Asset Related Terms

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


Prime Impact Acquisition I (Prime Impact Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
123 East San Carlos Street, Suite 12, San Jose, CA, USA, 95112
Prime Impact Acquisition I is a blank check company.
Executives
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors (hong Kong) Ltd 10 percent owner UNIT 1601, 16TH FLOOR, RUTTENJEE HOUSE, RUTTENJEE CTR, 11 DUDDELL STREET, HONG KONG K3 00000
Michael D Cordano officer: Co-Chief Executive Officer C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Mark P Long director, officer: Co-Chief Exec. Officer and CFO C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Cathleen A Benko director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Dixon Doll director 2420 SAND HILL RD, STE 200, MENLO PARK CA 94025
Keyur A Patel director
Joanna A Strober director C/O SYMPHONY TECHNOLOGY GROUP, 4015 MIRANDA AVENUE, SECOND FLOOR, PALO ALTO CA 94304
Prime Impact Cayman, Llc 10 percent owner 360 S MARKET STREET, #2202, SAN JOSE CA 95113
Roger Crockett director 123 E. SAN CARLOS STREET, SUITE 12, SAN JOSE CA 95113