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Infint Acquisition (Infint Acquisition) Equity-to-Asset : 0.87 (As of Dec. 2023)


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What is Infint Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Infint Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $73.01 Mil. Infint Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $83.57 Mil.

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

IFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.87   Med: 0.96   Max: 0.97
Current: 0.87

During the past 3 years, the highest Equity to Asset Ratio of Infint Acquisition was 0.97. The lowest was 0.87. And the median was 0.96.

IFIN's Equity-to-Asset is ranked better than
59.72% of 633 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs IFIN: 0.87

Infint Acquisition Equity-to-Asset Historical Data

The historical data trend for Infint 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.

Infint Acquisition Equity-to-Asset Chart

Infint Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.96 0.87

Infint Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.96 0.91 0.91 0.88 0.87

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

For the Shell Companies subindustry, Infint 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.


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

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

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



Infint 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.

Infint Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=73.007/83.567
=

Infint Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=73.007/83.567
=

* 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.


Infint Acquisition  (NYSE:IFIN) 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%.


Infint Acquisition Equity-to-Asset Related Terms

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


Infint Acquisition (Infint Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Broadway, Suite 401, New York, NY, USA, 10004
Infint Acquisition Corp is a blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Andrey Novikov director 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Kevin Chen director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Sheldon Brickman officer: Chief Financial Officer 1452 EAST 21ST STREET, BROOKLYN NY 11210
Jing Huang director 47 JAMES RD, MT KISCO NY 10549
Michael Moradzadeh director 800 OAK GROVE AVENUE, SUITE 250, MENLO PARK CA 94025
Alexander Edgarov director, 10 percent owner, officer: Chief Executive Officer 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Dave Cameron director 3738 FLORAMAR TERRACE, NEW PORT RICHEY FL 34652
Infint Capital Llc 10 percent owner 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Eric David Weinstein director 7 PINEWOOD CIRCLE, WHITE PLAINS NY 10603