SELECT * FROM `stock_list` WHERE `symbol` = "AGAUF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='AGAUF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "AGAUF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 AGAUF (African Gold Acquisition) Equity-to-Asset
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » African Gold Acquisition Corp (OTCPK:AGAUF) » Definitions » Equity-to-Asset

African Gold Acquisition (African Gold Acquisition) Equity-to-Asset : 0.94 (As of Mar. 2022)


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What is African Gold Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. African Gold Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $391.67 Mil. African Gold Acquisition's Total Assets for the quarter that ended in Mar. 2022 was $414.87 Mil.

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

AGAUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.92   Max: 0.94
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of African Gold Acquisition was 0.94. The lowest was 0.90. And the median was 0.92.

AGAUF's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs AGAUF: 0.94

African Gold Acquisition Equity-to-Asset Historical Data

The historical data trend for African Gold 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.

African Gold Acquisition Equity-to-Asset Chart

African Gold Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
-0.31 0.91

African Gold Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset Get a 7-Day Free Trial 0.92 0.90 0.92 0.91 0.94

Competitive Comparison of African Gold Acquisition's Equity-to-Asset

For the Shell Companies subindustry, African Gold 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.


African Gold Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



African Gold 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.

African Gold Acquisition'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
=379.358/415.031
=

African Gold Acquisition'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
=391.666/414.87
=

* 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.


African Gold Acquisition  (OTCPK:AGAUF) 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%.


African Gold Acquisition Equity-to-Asset Related Terms

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


African Gold Acquisition (African Gold Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
322 West 52nd Street, Suite 2322, New York, NY, USA, 10019-9998
African Gold Acquisition Corp is a blank check company.
Executives
Zolani Kgosietsile Matthews director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Robert B Hersov director NETJETS EUROPE, LTD., GRUNDSTRASSE 12, ROTKREUZ V8 6343
Izak Marais officer: Chief Operating Officer 322 WEST 52ND STREET UNIT 2322, NEW YORK NY 10019
Michael Rawlinson director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Bradley Doig director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Koosum Kalyan director 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
African Gold Acquisition Sponsor Llc 10 percent owner 322 WEST 52ND STREET, 2322, NEW YORK NY 10019
Morgenthau Cooper director, officer: Chief Financial Officer 322 WEST 52ND STREET, #2322, NEW YORK NY 10019-9998
Christopher Damon Chadwick director, officer: Chief Executive Officer 322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Brian Hinchcliffe director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172

African Gold Acquisition (African Gold Acquisition) Headlines

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