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SPKL (Spark I Acquisition) Equity-to-Asset : 0.96 (As of Sep. 2024)


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What is Spark I Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spark I Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $101.95 Mil. Spark I Acquisition's Total Assets for the quarter that ended in Sep. 2024 was $105.91 Mil.

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

SPKL' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.58   Med: -0.5   Max: 0.96
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of Spark I Acquisition was 0.96. The lowest was -2.58. And the median was -0.50.

SPKL's Equity-to-Asset is ranked better than
82.59% of 557 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs SPKL: 0.96

Spark I Acquisition Equity-to-Asset Historical Data

The historical data trend for Spark I 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.

Spark I Acquisition Equity-to-Asset Chart

Spark I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-0.50 -1.35 0.96

Spark I Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.54 0.96 0.96 0.96 0.96

Competitive Comparison of Spark I Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Spark I 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.


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

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

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



Spark I 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.

Spark I 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
=99.407/103.315
=

Spark I Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=101.95/105.909
=

* 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.


Spark I Acquisition  (NAS:SPKL) 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%.


Spark I Acquisition Equity-to-Asset Related Terms

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


Spark I Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3790 El Camino Real, Unit No. 570, Palo Alto, CA, USA, 94306
Spark I Acquisition Corp is a Blank check company.