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SLACU (Social Leverage Acquisition I) Equity-to-Asset : 0.50 (As of Sep. 2023)


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What is Social Leverage Acquisition I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Social Leverage Acquisition I's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.29 Mil. Social Leverage Acquisition I's Total Assets for the quarter that ended in Sep. 2023 was $16.46 Mil.

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

SLACU' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.92   Max: 0.95
Current: 0.5

During the past 3 years, the highest Equity to Asset Ratio of Social Leverage Acquisition I was 0.95. The lowest was -0.04. And the median was 0.92.

SLACU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs SLACU: 0.50

Social Leverage Acquisition I Equity-to-Asset Historical Data

The historical data trend for Social Leverage 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.

Social Leverage Acquisition I Equity-to-Asset Chart

Social Leverage Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.10 0.93 -0.04

Social Leverage Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.94 -0.04 0.54 0.40 0.50

Competitive Comparison of Social Leverage Acquisition I's Equity-to-Asset

For the Shell Companies subindustry, Social Leverage 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.


Social Leverage Acquisition I's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Social Leverage 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.

Social Leverage 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
=-0.734/18.521
=

Social Leverage Acquisition I'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
=8.287/16.461
=

* 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.


Social Leverage Acquisition I  (NAS:SLACU) 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%.


Social Leverage Acquisition I Equity-to-Asset Related Terms

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


Social Leverage Acquisition I Business Description

Traded in Other Exchanges
N/A
Address
8390 E. Via de Ventura, Suite F110-207, Scottsdale, AZ, USA, 85258
Social Leverage Acquisition Corp I is a blank check company.
Executives
Paul Grinberg director, officer: COB of Directors C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
Ross Mason director 77 GEARY STREET, SUITE 400, SAN FRANCISCO CA 94108
Social Leverage Acquisition Sponsor I Llc 10 percent owner 8390 E. VIA DE VENTURA SUITE F110-207, SCOTTSDALE AZ 85258
Michael J. Marquez director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Katherine Rosa director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Douglas Horlick officer: President and COO 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Michael Lazerow director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Howard Lindzon director, officer: Chief Executive Officer 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Brian Norgard director 8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258