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GO Acquisition Equity-to-Asset

: 0.95 (As of Mar. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GO Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $547.78 Mil. GO Acquisition's Total Assets for the quarter that ended in Mar. 2022 was $575.79 Mil.

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

GOAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.92   Max: 0.96
Current: 0.95

During the past 2 years, the highest Equity to Asset Ratio of GO Acquisition was 0.96. The lowest was 0.04. And the median was 0.92.

GOAC's Equity-to-Asset is ranked better than
74.12% of 877 companies
in the Diversified Financial Services industry
Industry Median: 0.94 vs GOAC: 0.95

GO Acquisition Equity-to-Asset Historical Data

The historical data trend for GO 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.

GO Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.89 0.93

GO Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only 0.92 0.91 0.93 0.93 0.95

Competitive Comparison

For the Shell Companies subindustry, GO 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.

   

GO Acquisition Equity-to-Asset Distribution

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

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



GO 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.

GO 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
=534.502/575.621
=

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

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=547.778/575.794
=

* 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.


GO Acquisition  (NYSE:GOAC) 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%.


GO Acquisition Equity-to-Asset Related Terms

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


GO Acquisition Business Description

GO Acquisition logo
Traded in Other Exchanges
Address
450 West 14th Street, 15th Floor, New York, NY, USA, 10014
GO Acquisition Corp is a blank check company.
Executives
Ohara Michael Gregory director, 10 percent owner, officer: Co-Chief Executive Officer C/O CERTARES MANAGEMENT LLC 350 MADISON AVENUE, 8TH FLOOR NEW YORK NY 10017
San Miguel Alejandro R. officer: Vice President and Secretary C/O GLG PARTNERS LP 1 CURZON STREET LONDON X0 W1J 5HB
Gottesman Noam director, 10 percent owner, officer: Co-Chief Executive Officer C/O TOMS CAPITAL LLC 450 WEST 14TH STREET, 13TH FLOOR NEW YORK NY 10014
Corio Norma director C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
Weltsch Guy officer: President and CFO C/O GO ACQUISITION CORP. 460 W 14TH ST NEW YORK NY 10014
Go Acquisition Founder Llc 10 percent owner 450 W 14TH STREET NEW YORK NY 10014
Marsden Spencer officer: Vice President C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
Isaacs Jeremy Michael director C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
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