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Virgin Group Acquisition II (Virgin Group Acquisition II) Equity-to-Asset : 0.87 (As of Mar. 2022)


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What is Virgin Group Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virgin Group Acquisition II's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $349.41 Mil. Virgin Group Acquisition II's Total Assets for the quarter that ended in Mar. 2022 was $403.26 Mil.

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

VGII'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.

Virgin Group Acquisition II Equity-to-Asset Historical Data

The historical data trend for Virgin Group Acquisition II'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.

Virgin Group Acquisition II Equity-to-Asset Chart

Virgin Group Acquisition II Annual Data
Trend Dec21
Equity-to-Asset
0.92

Virgin Group Acquisition II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset 0.29 0.92 0.93 0.92 0.87

Competitive Comparison of Virgin Group Acquisition II's Equity-to-Asset

For the Shell Companies subindustry, Virgin Group Acquisition II'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.


Virgin Group Acquisition II's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Virgin Group Acquisition II 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.

Virgin Group Acquisition II'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
=372.96/403.808
=

Virgin Group Acquisition II's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=349.408/403.262
=

* 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.


Virgin Group Acquisition II  (NYSE:VGII) 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%.


Virgin Group Acquisition II Equity-to-Asset Related Terms

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Virgin Group Acquisition II (Virgin Group Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
65 Bleecker Street, 6th Floor, New York, NY, USA, 10012
Virgin Group Acquisition Corp II is a blank check company.