Greencity Acquisition (Greencity Acquisition) Equity-to-Asset

: 0.36 (As of Dec. 2022)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greencity Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $2.38 Mil. Greencity Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $6.67 Mil.

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

GRYUF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01 Med: 0.42 Max: 0.92
Current: 0.36

During the past 5 years, the highest Equity to Asset Ratio of Greencity Acquisition was 0.92. The lowest was -0.01. And the median was 0.42.

GRYUF's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs GRYUF: 0.36

Greencity Acquisition Equity-to-Asset Historical Data

The historical data trend for Greencity 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.

Greencity Acquisition Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.42

-0.01

0.89

0.92

0.36

Greencity Acquisition Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Equity-to-Asset	Get a 7-Day Free Trial										0.92	0.92	0.91	0.90	0.36

Competitive Comparison

For the Shell Companies subindustry, Greencity 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.

Greencity Acquisition Equity-to-Asset Distribution

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

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

Greencity 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.

Greencity 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
	=	2.384	/	6.671
	=

Greencity Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	2.384	/	6.671
	=

Greencity Acquisition (OTCPK:GRYUF) 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%.

Greencity Acquisition Equity-to-Asset Related Terms

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Greencity Acquisition (Greencity Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Greencity Acquisition Corp (OTCPK:GRYUF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120

Website

Greencity Acquisition Corp is a blank check company.

Executives

Hudson Bay Capital Management Lp	10 percent owner	28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber	10 percent owner	C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis	10 percent owner	190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc	10 percent owner	20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Cynthia Management Corp	10 percent owner	SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu	10 percent owner, officer: CFO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu	director, 10 percent owner	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Lei Wang	director	2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Chao Liu	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang	officer: CEO	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017