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Ascendant Digital Acquisition III (NYSE:ACDI) Equity-to-Asset

: 0.96 (As of Sep. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ascendant Digital Acquisition III's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $296.93 Mil. Ascendant Digital Acquisition III's Total Assets for the quarter that ended in Sep. 2022 was $309.09 Mil.

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

ACDI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.67   Max: 0.96
Current: 0.96

During the past 1 years, the highest Equity to Asset Ratio of Ascendant Digital Acquisition III was 0.96. The lowest was 0.06. And the median was 0.67.

ACDI's Equity-to-Asset is ranked better than
79.69% of 1029 companies
in the Diversified Financial Services industry
Industry Median: 0.95 vs ACDI: 0.96

Ascendant Digital Acquisition III (NYSE:ACDI) Equity-to-Asset Historical Data

The historical data trend for Ascendant Digital Acquisition III'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.

Ascendant Digital Acquisition III Annual Data
Trend Dec21
Equity-to-Asset 0.91

Ascendant Digital Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Mar22 Jun22 Sep22
Equity-to-Asset Premium Member Only 0.06 0.06 0.93 0.95 0.96

Ascendant Digital Acquisition III (NYSE:ACDI) Equity-to-Asset Competitive Comparison

For the Shell Companies subindustry, Ascendant Digital Acquisition III'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.

   

Ascendant Digital Acquisition III (NYSE:ACDI) Equity-to-Asset Distribution

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

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



Ascendant Digital Acquisition III 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.

Ascendant Digital Acquisition III'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
=278.868/307.819
=

Ascendant Digital Acquisition III's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=296.93/309.092
=

* 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.


Ascendant Digital Acquisition III  (NYSE:ACDI) 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%.


Ascendant Digital Acquisition III Equity-to-Asset Related Terms

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


Ascendant Digital Acquisition III (NYSE:ACDI) Business Description

Ascendant Digital Acquisition III logo
Traded in Other Exchanges
Address
667 Madison Avenue, 5th Floor, New York, NY, USA, 10065
Website
Ascendant Digital Acquisition Corp III is a blank check company.
Executives
Jesselson Michael G director 1301 AVENUE OF THE AMERICAS SUITE 4101 NEW YORK NY 10019
Foresman Robert director C/O GLOBAL CONSUMER ACQUISITION CORP 1370 AVENUE OF THE AMERICAS, 28TH FLOOR NEW YORK NY 10019
Hodgson Riaan director, officer: Chief Operating Officer C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Gerhard Mark director, officer: Chief Executive Officer 667 MADISON AVENUE, 5TH FLOOR C/O ASCENDANT DIGITAL ACQUISITION CORP. NEW YORK NY 10065
Gomberg David director, 10 percent owner, officer: President C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Rosen Mickie director C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Nelson Diane director C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Ascendant Sponsor Lp Iii director, 10 percent owner C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE NEW YORK NY 10065
Ascendant Sponsor Gp Iii Llc 10 percent owner C/O ASCENDANT DIGITAL ACQUISITION CORP. 667 MADISON AVENUE NEW YORK NY 10065

Ascendant Digital Acquisition III (NYSE:ACDI) Headlines

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