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ScION Tech Growth I (ScION Tech Growth I) Equity-to-Asset : 0.96 (As of Sep. 2022)


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What is ScION Tech Growth I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ScION Tech Growth I's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $557.71 Mil. ScION Tech Growth I's Total Assets for the quarter that ended in Sep. 2022 was $579.42 Mil.

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

SCOA's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

ScION Tech Growth I Equity-to-Asset Historical Data

The historical data trend for ScION Tech Growth 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.

ScION Tech Growth I Equity-to-Asset Chart

ScION Tech Growth I Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.91 0.93

ScION Tech Growth I Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.92 0.93 0.95 0.96 0.96

Competitive Comparison of ScION Tech Growth I's Equity-to-Asset

For the Shell Companies subindustry, ScION Tech Growth 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.

ScION Tech Growth I's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ScION Tech Growth I's Equity-to-Asset falls into.


ScION Tech Growth 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.

ScION Tech Growth I'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
=534.662/575.936
=

ScION Tech Growth I'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
=557.709/579.422
=

* 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.

ScION Tech Growth I  (NAS:SCOA) 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%.

ScION Tech Growth I Equity-to-Asset Related Terms

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

ScION Tech Growth I (ScION Tech Growth I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ScION Tech Growth I (NAS:SCOA) » Definitions » Equity-to-Asset
Comparable Companies
LMACA LGAC SLAM MSDA GOAC FPAC HIII BTWN AVAN CCVI GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
10 Queen Street Place, 2nd Floor, London, GBR, EC4R 1BE
Website
ScION Tech Growth I is a blank check company.
Executives
Kunal Gullapalli officer: Chief Financial Officer 66 CROSBY ST 5E, NEW YORK NY 10012
Andrea Pignataro director, officer: Executive Chairman MINERVA HOUSE 4TH FLOOR DUBLIN 4, SIMMONSCOURT ROAD, DUBLIN K6 D04H9P8
Kenneth T Schiciano director 125 HIGH ST STE 2500, BOSTON MA 02110
Sheila Hooda director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Edward Alexander Triplett officer: Chief Financial Officer 10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
Scion 1 Sponsor Llc director, 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Mathew Judd Cestar director, officer: Chief Executive Officer 10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
John Louis Woyton director PARK CORNER HOUSE, BASINGSTOKE ROAD, HECKFIELD, LONDON X0 RG270LJ