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AMG Acquisition (TSXV:AMG.P) Equity-to-Asset : 0.98 (As of Nov. 2024)


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What is AMG Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AMG Acquisition's Total Stockholders Equity for the quarter that ended in Nov. 2024 was C$0.38 Mil. AMG Acquisition's Total Assets for the quarter that ended in Nov. 2024 was C$0.39 Mil.

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

TSXV:AMG.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92   Med: 0.98   Max: 1
Current: 0.98

During the past 4 years, the highest Equity to Asset Ratio of AMG Acquisition was 1.00. The lowest was 0.92. And the median was 0.98.

TSXV:AMG.P's Equity-to-Asset is ranked better than
89.74% of 507 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs TSXV:AMG.P: 0.98

AMG Acquisition Equity-to-Asset Historical Data

The historical data trend for AMG 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.

AMG Acquisition Equity-to-Asset Chart

AMG Acquisition Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Equity-to-Asset
0.99 0.98 0.98 0.98

AMG Acquisition Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.97 0.98 0.98 0.98

Competitive Comparison of AMG Acquisition's Equity-to-Asset

For the Shell Companies subindustry, AMG 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.


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

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

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


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AMG 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.

AMG Acquisition's Equity to Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Equity to Asset (A: Aug. 2024 )=Total Stockholders Equity/Total Assets
=0.389/0.399
=

AMG Acquisition's Equity to Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Equity to Asset (Q: Nov. 2024 )=Total Stockholders Equity/Total Assets
=0.383/0.392
=

* 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.


AMG Acquisition  (TSXV:AMG.P) 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%.


AMG Acquisition Equity-to-Asset Related Terms

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AMG Acquisition Business Description

Traded in Other Exchanges
N/A
Address
230 997 Seymour Street, Office 9, Vancouver, BC, CAN, V6B 3M1
Website
AMG Acquisition Corp is a capital pool company. the principal business is the identification and evaluation of assets or a business and, once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities.

AMG Acquisition Headlines

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