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CENAQ Energy (CENAQ Energy) Equity-to-Asset : 0.94 (As of Sep. 2022)


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What is CENAQ Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CENAQ Energy's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $165.11 Mil. CENAQ Energy's Total Assets for the quarter that ended in Sep. 2022 was $174.92 Mil.

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

CENQU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.95   Max: 0.97
Current: 0.94

During the past 2 years, the highest Equity to Asset Ratio of CENAQ Energy was 0.97. The lowest was 0.04. And the median was 0.95.

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

CENAQ Energy Equity-to-Asset Historical Data

The historical data trend for CENAQ Energy'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.

CENAQ Energy Equity-to-Asset Chart

CENAQ Energy Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.10 0.96

CENAQ Energy Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.97 0.96 0.97 0.96 0.94

Competitive Comparison of CENAQ Energy's Equity-to-Asset

For the Shell Companies subindustry, CENAQ Energy'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.


CENAQ Energy's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



CENAQ Energy 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.

CENAQ Energy'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
=168.679/174.958
=

CENAQ Energy'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
=165.113/174.922
=

* 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.


CENAQ Energy  (NAS:CENQU) 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%.


CENAQ Energy Equity-to-Asset Related Terms

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CENAQ Energy (CENAQ Energy) Business Description

Traded in Other Exchanges
N/A
Address
4550 Post Oak Place Dr., Suite 300, Houston, TX, USA, 77027
Website
CENAQ Energy Corp is a newly organized blank check company.