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AltC Acquisition (AltC Acquisition) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is AltC Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AltC Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $295.04 Mil. AltC Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $305.62 Mil.

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

ALCC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.97   Max: 0.97
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of AltC Acquisition was 0.97. The lowest was 0.96. And the median was 0.97.

ALCC's Equity-to-Asset is ranked better than
88.16% of 625 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs ALCC: 0.97

AltC Acquisition Equity-to-Asset Historical Data

The historical data trend for AltC 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.

AltC Acquisition Equity-to-Asset Chart

AltC Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.96 0.97

AltC Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.96 0.96 0.97

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

For the Shell Companies subindustry, AltC 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.


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

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

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



AltC 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.

AltC Acquisition'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
=295.036/305.62
=

AltC Acquisition'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
=295.036/305.62
=

* 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.


AltC Acquisition  (NYSE:ALCC) 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%.


AltC Acquisition Equity-to-Asset Related Terms

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


AltC Acquisition (AltC Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
AltC Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter Lattman director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Samuel H. Altman director, officer: Chief Executive Officer 29 DORLAND STREET, SAN FRANCISCO CA 94110
John L Thornton director C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Michael Stuart Klein director, 10 percent owner, officer: Chairman C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Allison Green director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Altc Sponsor Llc 10 percent owner C/O ALTC ACQUISITION CORP., 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019