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BurTech Acquisition (BurTech Acquisition) Equity-to-Asset : 0.79 (As of Sep. 2023)


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What is BurTech Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BurTech Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $56.28 Mil. BurTech Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $70.85 Mil.

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

BRKH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.88   Max: 0.97
Current: 0.79

During the past 2 years, the highest Equity to Asset Ratio of BurTech Acquisition was 0.97. The lowest was 0.13. And the median was 0.88.

BRKH's Equity-to-Asset is ranked worse than
53.55% of 633 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs BRKH: 0.79

BurTech Acquisition Equity-to-Asset Historical Data

The historical data trend for BurTech 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.

BurTech Acquisition Equity-to-Asset Chart

BurTech Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.96 0.96

BurTech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.96 0.79 0.79 0.79

Competitive Comparison of BurTech Acquisition's Equity-to-Asset

For the Shell Companies subindustry, BurTech 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.


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

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

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



BurTech 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.

BurTech 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
=284.652/296.011
=

BurTech 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
=56.275/70.854
=

* 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.


BurTech Acquisition  (NAS:BRKH) 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%.


BurTech Acquisition Equity-to-Asset Related Terms

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


BurTech Acquisition (BurTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004