SPTKW (SportsTek Acquisition) Equity-to-Asset: 0.96 (As of Sep. 2022) — Near Median

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SPTKW SportsTek Acquisition Corp SPTKW
24 GF Score
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What is SportsTek Acquisition Equity-to-Asset?

SportsTek Acquisition SPTKW 24 Equity-to-Asset is 0.96 as of Sep. 2022, which is 7% above its 10-year median of 0.90. GuruFocus rates SPTKW with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SportsTek Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $165.79 Mil. SportsTek Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $173.60 Mil.

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

SPTKW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.9   Max: 0.96
Current: 0.96

During the past 2 years, the highest Equity to Asset Ratio of SportsTek Acquisition was 0.96. The lowest was 0.12. And the median was 0.90.

SPTKW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.91 vs SPTKW: 0.96

SportsTek Acquisition  (NAS:SPTKW) 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%.


SportsTek Acquisition Equity-to-Asset Related Terms


SportsTek Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for SportsTek 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.

SportsTek Acquisition Equity-to-Asset Chart

SportsTek Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.04 0.91

SportsTek Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.88 0.91 0.94 0.96 0.96

SPTKW vs TCOA, PHIC, NGC: Equity-to-Asset Comparison

For the Shell Companies subindustry, SportsTek 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.


SportsTek Acquisition Equity-to-Asset vs Diversified Financial Services Industry

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

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


SPTKW
24GF Score
SportsTek Acquisition Corp SPTKW
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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SportsTek 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.

SportsTek Acquisition'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
=157.541/173.243
=

SportsTek Acquisition'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
=165.788/173.599
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.96 mean?
SportsTek Acquisition (SPTKW) has a Equity-to-Asset of 0.96 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SportsTek Acquisition and its competitors. This is near median its historical median of 0.90. Over the past decade, SportsTek Acquisition's Equity-to-Asset has ranged from 0.12 to 0.96.
Is SportsTek Acquisition's Equity-to-Asset too high?
SportsTek Acquisition's current Equity-to-Asset of 0.96 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.96. The Diversified Financial Services industry median Equity-to-Asset is 0.91. SportsTek Acquisition's value of 0.96 is 5.5% above this industry median. Overall, SportsTek Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does SportsTek Acquisition's Equity-to-Asset compare to TCOA and PHIC?
SportsTek Acquisition's Equity-to-Asset of 0.96 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.91. SportsTek Acquisition's value of 0.96 is 5.5% above this benchmark. Historically, SportsTek Acquisition's own Equity-to-Asset has ranged from 0.12 to 0.96 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.91, SportsTek Acquisition has consistently been above 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 a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 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. SportsTek Acquisition's current Equity-to-Asset of 0.96 is 5.5% above 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 SportsTek Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SportsTek Acquisition's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SportsTek Acquisition stock overvalued right now?
SportsTek Acquisition (SPTKW) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.90 and 5.5% above the Diversified Financial Services industry median of 0.91. SportsTek Acquisition's overall GF Score™ is 24/100 with 2 warning signs to review. 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 SportsTek Acquisition (SPTKW), the current Equity-to-Asset is 0.96 as of Sep. 2022. 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.

SportsTek Acquisition Business Description

Address 2200 S. Utica Place, Suite 450, Tulsa, OK, USA, 74114
SportsTek Acquisition Corp is a blank check company.
24GF Score

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