GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Coastal Acquisition Corp (NAS:ACAHW) » Definitions » Equity-to-Asset

Atlantic Coastal Acquisition (Atlantic Coastal Acquisition) Equity-to-Asset : 0.40 (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Atlantic Coastal Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlantic Coastal Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $15.27 Mil. Atlantic Coastal Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $38.57 Mil.

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

ACAHW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.93   Max: 0.94
Current: 0.4

During the past 3 years, the highest Equity to Asset Ratio of Atlantic Coastal Acquisition was 0.94. The lowest was 0.06. And the median was 0.93.

ACAHW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs ACAHW: 0.40

Atlantic Coastal Acquisition Equity-to-Asset Historical Data

The historical data trend for Atlantic Coastal 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.

Atlantic Coastal Acquisition Equity-to-Asset Chart

Atlantic Coastal Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.06 0.90 0.94

Atlantic Coastal Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.94 0.94 0.94 0.40

Competitive Comparison of Atlantic Coastal Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Atlantic Coastal 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.


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

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

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



Atlantic Coastal 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.

Atlantic Coastal 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
=330.798/350.656
=

Atlantic Coastal Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=15.273/38.567
=

* 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.


Atlantic Coastal Acquisition  (NAS:ACAHW) 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%.


Atlantic Coastal Acquisition Equity-to-Asset Related Terms

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


Atlantic Coastal Acquisition (Atlantic Coastal Acquisition) Business Description

Traded in Other Exchanges
Address
6 Saint Johns Lane, Floor 5, New York, NY, USA, 10013
Atlantic Coastal Acquisition Corp is a blank check company.

Atlantic Coastal Acquisition (Atlantic Coastal Acquisition) Headlines

From GuruFocus