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Mountain Crest Acquisition (Mountain Crest Acquisition) Equity-to-Asset : 0.97 (As of Sep. 2020)


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What is Mountain Crest Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mountain Crest Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $56.91 Mil. Mountain Crest Acquisition's Total Assets for the quarter that ended in Sep. 2020 was $58.96 Mil.

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

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

During the past 1 years, the highest Equity to Asset Ratio of Mountain Crest Acquisition was 0.97. The lowest was 0.13. And the median was 0.97.

MCACU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs MCACU: 0.97

Mountain Crest Acquisition Equity-to-Asset Historical Data

The historical data trend for Mountain Crest 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.

Mountain Crest Acquisition Equity-to-Asset Chart

Mountain Crest Acquisition Annual Data
Trend Dec19
Equity-to-Asset
0.25

Mountain Crest Acquisition Quarterly Data
Mar20 Jun20 Sep20
Equity-to-Asset 0.13 0.97 0.97

Competitive Comparison of Mountain Crest Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Mountain Crest 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.

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

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

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


Mountain Crest 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.

Mountain Crest Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=0.025/0.1
=

Mountain Crest Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=56.91/58.964
=

* 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.

Mountain Crest Acquisition  (NAS:MCACU) 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%.

Mountain Crest Acquisition Equity-to-Asset Related Terms

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Mountain Crest Acquisition (Mountain Crest Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp (NAS:MCACU) » Definitions » Equity-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Website
https://www.mcacquisition.com
Mountain Crest Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Suying Liu director, 10 percent owner, officer: Chief Executive Officer 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Sunlight Global Investment Llc 10 percent owner 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Dong Liu director, 10 percent owner, officer: Chief Financial Officer 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Nelson Haight director 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Todd T. Milbourn director C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Wenhua Zhang director 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036