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Silver Spike Investment (Silver Spike Investment) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Silver Spike Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silver Spike Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $85.55 Mil. Silver Spike Investment's Total Assets for the quarter that ended in Dec. 2023 was $88.58 Mil. Therefore, Silver Spike Investment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.97.

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

SSIC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.58   Med: 0.97   Max: 0.99
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of Silver Spike Investment was 0.99. The lowest was -0.58. And the median was 0.97.

SSIC's Equity-to-Asset is ranked better than
99.08% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs SSIC: 0.97

Silver Spike Investment Equity-to-Asset Historical Data

The historical data trend for Silver Spike Investment'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.

Silver Spike Investment Equity-to-Asset Chart

Silver Spike Investment Annual Data
Trend Mar21 Mar22 Dec23
Equity-to-Asset
-0.58 0.99 0.97

Silver Spike Investment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only - 0.99 0.99 0.98 0.97

Competitive Comparison of Silver Spike Investment's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Silver Spike Investment'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.


Silver Spike Investment's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Silver Spike Investment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Silver Spike Investment's Equity-to-Asset falls into.



Silver Spike Investment 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.

Silver Spike Investment'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
=85.553/88.576
=0.97

Silver Spike Investment'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
=85.553/88.576
=0.97

* 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.


Silver Spike Investment  (NAS:SSIC) 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%.


Silver Spike Investment Equity-to-Asset Related Terms

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


Silver Spike Investment (Silver Spike Investment) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, Suite 1800, New York, NY, USA, 10022
Silver Spike Investment Corp is a closed-end management investment company formed to invest in companies across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately-held cannabis businesses.
Executives
Umesh Mahajan officer: Chief Financial Officer 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Scott Gordon director, 10 percent owner, officer: Chief Executive Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile 10 percent owner, officer: CFO, CCO & Sec. 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Capital, Llc 10 percent owner 600 MADISON AVE, SUITE 1800, NEW YORK NY 10022
Warson Tracey Brophy director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Silver Spike Holdings, Lp 10 percent owner 600 MADISON AVENUE, SUITE 1800, NEW YORK NY 10022
Michael William Chorske director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Vivek Bunty Bohra director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Silver Spike Holdings Gp, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065
Da Corte Americo director 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065