Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Equity-to-Asset : 0.60 (As of Mar. 2024)

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What is Welsbach Technology Metals Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Welsbach Technology Metals Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $14.52 Mil. Welsbach Technology Metals Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $24.20 Mil.

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

WTMA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.79 Max: 0.96
Current: 0.6

During the past 3 years, the highest Equity to Asset Ratio of Welsbach Technology Metals Acquisition was 0.96. The lowest was 0.20. And the median was 0.79.

WTMA's Equity-to-Asset is ranked worse than
61.82% of 605 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs WTMA: 0.60

Welsbach Technology Metals Acquisition Equity-to-Asset Historical Data

The historical data trend for Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition Equity-to-Asset Chart

Welsbach Technology Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.96

0.92

0.61

Welsbach Technology Metals Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial						0.38	0.79	0.37	0.61	0.60

Competitive Comparison of Welsbach Technology Metals Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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

Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	14.585	/	23.938
	=

Welsbach Technology Metals Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	14.515	/	24.198
	=

Welsbach Technology Metals Acquisition (NAS:WTMA) 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%.

Welsbach Technology Metals Acquisition Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Welsbach Technology Metals Acquisition's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Welsbach Technology Metals Acquisition Corp (NAS:WTMA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 South Craig Place, Lombard, IL, USA, 60148

Website

https://www.wtmau.com

Welsbach Technology Metals Acquisition Corp is a blank check company.

Executives

John P Stanfield	officer: Chief Financial Officer	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc	10 percent owner	160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski	director	160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou	director, officer: Chief Executive Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Emily King	director	160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower	director, officer: Chief Operating Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe	director	160 S CRAIG PLACE, LOMBARD IL 60148