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Orisun Acquisition (Orisun Acquisition) Equity-to-Asset : 0.95 (As of Sep. 2020)


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What is Orisun Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orisun Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $43.02 Mil. Orisun Acquisition's Total Assets for the quarter that ended in Sep. 2020 was $45.30 Mil.

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

ORSNU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.97   Max: 0.97
Current: 0.95

During the past 2 years, the highest Equity to Asset Ratio of Orisun Acquisition was 0.97. The lowest was 0.03. And the median was 0.97.

ORSNU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs ORSNU: 0.95

Orisun Acquisition Equity-to-Asset Historical Data

The historical data trend for Orisun 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.

Orisun Acquisition Equity-to-Asset Chart

Orisun Acquisition Annual Data
Trend Dec18 Dec19
Equity-to-Asset
0.10 0.97

Orisun Acquisition Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Equity-to-Asset Get a 7-Day Free Trial 0.97 0.97 0.97 0.97 0.95

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

For the Shell Companies subindustry, Orisun 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.

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

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

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


Orisun 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.

Orisun 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
=43.544/45.074
=

Orisun 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
=43.017/45.299
=

* 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.

Orisun Acquisition  (NAS:ORSNU) 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%.

Orisun Acquisition Equity-to-Asset Related Terms

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Orisun Acquisition (Orisun Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Orisun Acquisition Corp (NAS:ORSNU) » Definitions » Equity-to-Asset
Comparable Companies
LOAC AGBA CPMD KXIN KBLM HCCH CCYC GRNF GRNV RLBY CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA GHIV
Traded in Other Exchanges
N/A
Address
555 Madison Avenue, Room 543, New York, NY, USA, 10022
Website
Orisun Acquisition Corp is a blank check company.
Executives
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
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Chan Tony Chi Ming director 555 MADISON AVE, ROOM 543 NEW YORK NY 10022
Lihua Zheng director 555 MADISON AVE, ROOM 543 NEW YORK NY 10022
Wei Lin Chen director, 10 percent owner, officer: Chief Executive Officer 555 MADISON AVE, ROOM 543 NEW YORK NY 10022
Ling Wu director 555 MADISON AVENUE, ROOM 543 NEW YORK NY 10022