ZLSSF (Zalatoris II Acquisition) Equity-to-Asset: 0.98 (As of Sep. 2023)

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ZLSSF Zalatoris II Acquisition Corp ZLSSF
31 GF Score
Price $10.50
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What is Zalatoris II Acquisition Equity-to-Asset?

Zalatoris II Acquisition ZLSSF 31 Equity-to-Asset is 0.98 as of Sep. 2023. GuruFocus rates ZLSSF with a GF Score™ of 31/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zalatoris II Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $67.45 Mil. Zalatoris II Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $68.69 Mil.

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

ZLSSF's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.9
* Ranked among companies with meaningful Equity-to-Asset only.

Zalatoris II Acquisition  (OTCPK:ZLSSF) 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%.


Zalatoris II Acquisition Equity-to-Asset Related Terms


Zalatoris II Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Zalatoris II 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.

Zalatoris II Acquisition Equity-to-Asset Chart

Zalatoris II Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.93 0.93

Zalatoris II Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.94 0.93 0.93 0.97 0.98

ZLSSF vs ACAH, BMAC, GPAC: Equity-to-Asset Comparison

For the Shell Companies subindustry, Zalatoris II 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.


Zalatoris II Acquisition Equity-to-Asset vs Diversified Financial Services Industry

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

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


ZLSSF
31GF Score
Zalatoris II Acquisition Corp ZLSSF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalatoris II 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.

Zalatoris II Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=207.79/223.004
=

Zalatoris II Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=67.451/68.694
=

* 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 0.98 mean?
Zalatoris II Acquisition (ZLSSF) has a Equity-to-Asset of 0.98 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zalatoris II Acquisition and its competitors.
Is Zalatoris II Acquisition's Equity-to-Asset too high?
Zalatoris II Acquisition's current Equity-to-Asset is 0.98. The Diversified Financial Services industry median Equity-to-Asset is 0.90. Zalatoris II Acquisition's value of 0.98 is 8.9% above this industry median. Overall, Zalatoris II Acquisition has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Zalatoris II Acquisition's Equity-to-Asset compare to ACAH and BMAC?
Zalatoris II Acquisition's Equity-to-Asset of 0.98 can be compared against companies in the Diversified Financial Services industry. The industry median Equity-to-Asset is 0.90. Zalatoris II Acquisition's value of 0.98 is 8.9% above this benchmark. 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 0.90, based on 541 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. Zalatoris II Acquisition's current Equity-to-Asset of 0.98 is 8.9% 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 Zalatoris II Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalatoris II Acquisition's current Equity-to-Asset is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalatoris II Acquisition stock overvalued right now?
Zalatoris II Acquisition (ZLSSF) has a current Equity-to-Asset of 0.98. The current Equity-to-Asset is 0.98 and 8.9% above the Diversified Financial Services industry median of 0.90. Zalatoris II Acquisition's overall GF Score™ is 31/100. 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 Zalatoris II Acquisition (ZLSSF), the current Equity-to-Asset is 0.98 as of Sep. 2023. 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.

Zalatoris II Acquisition Business Description

Address 31 Hudson Yards, 11th Floor, New York, NY, USA, 10005
Website www.xpac.com
Zalatoris II Acquisition Corp is a blank check company.
31GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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