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Silver Spike III Acquisition (NEOE:SPKC.U) Equity-to-Asset

: -0.05 (As of Sep. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silver Spike III Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-6.31 Mil. Silver Spike III Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $128.53 Mil.

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

NEOE:SPKC.U' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08   Med: -0.05   Max: 0.01
Current: -0.05

During the past 1 years, the highest Equity to Asset Ratio of Silver Spike III Acquisition was 0.01. The lowest was -0.08. And the median was -0.05.

NEOE:SPKC.U's Equity-to-Asset is ranked worse than
92.91% of 1029 companies
in the Diversified Financial Services industry
Industry Median: 0.95 vs NEOE:SPKC.U: -0.05

Silver Spike III Acquisition (NEOE:SPKC.U) Equity-to-Asset Historical Data

The historical data trend for Silver Spike III 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.

Silver Spike III Acquisition Annual Data
Trend Dec21
Equity-to-Asset -0.08

Silver Spike III Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Premium Member Only Premium Member Only -0.01 -0.08 -0.07 -0.05 -0.05

Silver Spike III Acquisition (NEOE:SPKC.U) Equity-to-Asset Competitive Comparison

For the Shell Companies subindustry, Silver Spike III 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.

   

Silver Spike III Acquisition (NEOE:SPKC.U) Equity-to-Asset Distribution

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

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



Silver Spike III 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.

Silver Spike III Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-9.961/128.547
=

Silver Spike III Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-6.31/128.533
=

* 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 III Acquisition  (NEOE:SPKC.U) 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 III Acquisition Equity-to-Asset Related Terms

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


Silver Spike III Acquisition (NEOE:SPKC.U) Business Description

Silver Spike III Acquisition logo
Traded in Other Exchanges
N/A
Address
660 Madison Avenue, Suite 1600, New York, NY, USA, 10065
Silver Spike III Acquisition Corp is a special purpose acquisition corporation.

Silver Spike III Acquisition (NEOE:SPKC.U) Headlines

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