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TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Equity-to-Asset : 0.95 (As of Jun. 2022)


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What is TPG Pace Beneficial Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TPG Pace Beneficial Finance's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $337.59 Mil. TPG Pace Beneficial Finance's Total Assets for the quarter that ended in Jun. 2022 was $355.06 Mil.

The historical rank and industry rank for TPG Pace Beneficial Finance's Equity-to-Asset or its related term are showing as below:

TPGY's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

TPG Pace Beneficial Finance Equity-to-Asset Historical Data

The historical data trend for TPG Pace Beneficial Finance'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.

TPG Pace Beneficial Finance Equity-to-Asset Chart

TPG Pace Beneficial Finance Annual Data
Trend Dec19 Dec20 Dec21
Equity-to-Asset
0.68 0.02 0.90

TPG Pace Beneficial Finance Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.84 0.90 0.93 0.95

Competitive Comparison of TPG Pace Beneficial Finance's Equity-to-Asset

For the Shell Companies subindustry, TPG Pace Beneficial Finance'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.


TPG Pace Beneficial Finance's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TPG Pace Beneficial Finance's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TPG Pace Beneficial Finance's Equity-to-Asset falls into.



TPG Pace Beneficial Finance 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.

TPG Pace Beneficial Finance'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
=332.145/370.651
=

TPG Pace Beneficial Finance's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=337.594/355.055
=

* 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.


TPG Pace Beneficial Finance  (NYSE:TPGY) 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%.


TPG Pace Beneficial Finance Equity-to-Asset Related Terms

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


TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Business Description

Traded in Other Exchanges
N/A
Address
301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102
TPG Pace Beneficial Finance Corp is a blank check company.
Executives
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tybourne Capital Management (hk) Ltd 10 percent owner SUITES 1021-25, 10/F, CHAMPION TOWER, 3 GARDEN ROAD, CENTRAL, HONG KONG K3 XXXXX
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Light Street Capital Management, Llc 10 percent owner 505 HAMILTON AVENUE, SUITE 110, PALO ALTO CA 94301
Viswanathan Krishnan 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 00000
Tybourne Capital Management Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Tybourne Kesari Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Glen Thomas Kacher 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Tpg Pace Beneficial Finance Sponsor, Series Llc director, 10 percent owner C/O TPG PACE BENEFICIAL FINANCE CORP.,, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Maryanne Hancock director C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Nancy Mahon director C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson officer: Chief Financial Officer C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz officer: Secretary C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael G. Macdougall officer: President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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