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Sound Point Meridian CapitalSPMC +0.88%11 Equity-to-Asset is 0.53 as of Mar. 2026, which is 29% below its 10-year median of 0.75. GuruFocus rates SPMC with a GF Score™ of 11/100. Among 1,634 Asset Management companies, Sound Point Meridian Capital ranks worse than 80.05% on this metric.
Sound Point Meridian Capital (NYSE:SPMC) 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%.
Sound Point Meridian Capital Equity-to-Asset Related Terms
Sound Point Meridian Capital Equity-to-Asset Historical Data
* 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.
Sound Point Meridian Capital Equity-to-Asset Chart
Sound Point Meridian Capital Annual Data
Trend
Dec23
Mar26
Equity-to-Asset
0.97
0.53
Sound Point Meridian Capital Semi-Annual Data
Dec23
Sep25
Mar26
Equity-to-Asset
0.97
0.64
0.53
SPMC vs IIF, TSI, IDE: Equity-to-Asset Comparison
For the Asset Management subindustry, Sound Point Meridian Capital'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.
Sound Point Meridian Capital Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sound Point Meridian Capital's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sound Point Meridian Capital's Equity-to-Asset falls into.
Sound Point Meridian Capital 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.
Sound Point Meridian Capital's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Sound Point Meridian Capital (SPMC) has a Equity-to-Asset of 0.53 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sound Point Meridian Capital and its competitors. This is 29% below median its historical median of 0.75. Over the past decade, Sound Point Meridian Capital's Equity-to-Asset has ranged from 0.53 to 0.97. According to the industry distribution chart, Sound Point Meridian Capital ranks #1308 out of 1634 companies in the Asset Management industry, placing it in the top 80%.
Is Sound Point Meridian Capital's Equity-to-Asset too high?
Sound Point Meridian Capital's current Equity-to-Asset of 0.53 is 29% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.97. The Asset Management industry median Equity-to-Asset is 0.83. Sound Point Meridian Capital's value of 0.53 is 36.1% below this industry median. Based on the distribution chart, Sound Point Meridian Capital ranks #1308 out of 1634 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Equity-to-Asset compare to IIF and TSI?
According to the Asset Management industry distribution chart, Sound Point Meridian Capital ranks #1308 out of 1634 companies for Equity-to-Asset. This places Sound Point Meridian Capital in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Sound Point Meridian Capital's value of 0.53 is 36.1% below this benchmark. Historically, Sound Point Meridian Capital's own Equity-to-Asset has ranged from 0.53 to 0.97 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.83, Sound Point Meridian Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sound Point Meridian Capital's current Equity-to-Asset of 0.53 is 36.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sound Point Meridian Capital and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sound Point Meridian Capital's current Equity-to-Asset is 0.53, which is 29% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Equity-to-Asset of 0.53. The current Equity-to-Asset is 0.53, which is 29% below median its 10-year median of 0.75 and 36.1% below the Asset Management industry median of 0.83. Sound Point Meridian Capital's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sound Point Meridian Capital (SPMC), the current Equity-to-Asset is 0.53 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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