Kernel Group Holdings (Kernel Group Holdings) Equity-to-Asset : 0.88 (As of Dec. 2023)

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What is Kernel Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kernel Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $59.52 Mil. Kernel Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was $67.85 Mil.

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

KRNL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.9 Max: 0.96
Current: 0.88

During the past 4 years, the highest Equity to Asset Ratio of Kernel Group Holdings was 0.96. The lowest was 0.01. And the median was 0.90.

KRNL's Equity-to-Asset is ranked better than
61.77% of 633 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs KRNL: 0.88

Kernel Group Holdings Equity-to-Asset Historical Data

The historical data trend for Kernel Group Holdings'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.

Kernel Group Holdings Equity-to-Asset Chart

Kernel Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.01

0.92

0.96

0.88

Kernel Group Holdings Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.96	0.77	0.83	0.78	0.88

Competitive Comparison of Kernel Group Holdings's Equity-to-Asset

For the Shell Companies subindustry, Kernel Group Holdings'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.

Kernel Group Holdings's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Kernel Group Holdings's Equity-to-Asset falls into.

Kernel Group Holdings 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.

Kernel Group Holdings'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
	=	59.518	/	67.848
	=

Kernel Group Holdings'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
	=	59.518	/	67.848
	=

Kernel Group Holdings (NAS:KRNL) 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%.

Kernel Group Holdings Equity-to-Asset Related Terms

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

Kernel Group Holdings (Kernel Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kernel Group Holdings Inc (NAS:KRNL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

KRNLU:USA

Address

515 Madison Avenue, 8th Floor, Suite 8078, New York, NY, USA, 94112

Website

https://www.kernelspac.com

Kernel Group Holdings Inc is a blank check company.

Executives

Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Surendra K Ajjarapu	director, 10 percent owner, officer: CEO, Chairman	8604 BUTTON BUSH CT, TAMPA FL 33647
Vkss Capital, Llc	other: 10% Owner	515 MADISON AVENUE, SUITE 865, NEW YORK NY 10022
Srinivasan Venkatesh	director	2 CEDAR GATE COURT, LIVINGSTON NJ 07039
Siva Saravanan	director	334 REZZO STREET, LAS VEGAS NV 89138
Donald G. Fell	director	17537 DARBY LANE, LUTZ FL 33558
Howard A. Doss	officer: Chief Financial Officer	17537 DARBY LANE, LUTZ FL 90067
Mark Gross	director, 10 percent owner, officer: Chief Executive Officer	11840 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kernel Capital Holdings, Llc	director, 10 percent owner	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Christopher J Farrell	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Ronald Martin Meyer	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Michael F Newbold	officer: Chief Administrative Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Brett Northart	director, 10 percent owner, officer: Chief Operating Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Diana A Sklar	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112