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Avalon Acquisition (Avalon Acquisition) Equity-to-Asset : 0.95 (As of Mar. 2023)


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What is Avalon Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avalon Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $205.77 Mil. Avalon Acquisition's Total Assets for the quarter that ended in Mar. 2023 was $216.65 Mil.

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

AVAC's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Avalon Acquisition Equity-to-Asset Historical Data

The historical data trend for Avalon 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.

Avalon Acquisition Equity-to-Asset Chart

Avalon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.20 0.92 0.96

Avalon Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.96 0.95 0.96 0.95

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

For the Shell Companies subindustry, Avalon 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.


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

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

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



Avalon 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.

Avalon Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=203.161/212.581
=

Avalon Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=205.768/216.646
=

* 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.


Avalon Acquisition  (NAS:AVAC) 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%.


Avalon Acquisition Equity-to-Asset Related Terms

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


Avalon Acquisition (Avalon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Embarcadero Center, 8th Floor, San Francisco, CA, USA, 94111
Avalon Acquisition Inc is a blank check company.
Executives
Stuart H Bohart director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Klinck John L. Jr. director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Donald H Putnam director, 10 percent owner, officer: Executive Chairman
Steven M Gluckstern director C/O AAMES FINANCIAL CORP, 350 S GRAND AVE 52ND FL, LOS ANGELES CA 90071-3406
John Griff officer: President 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Douglas C. Mangini director 10 INDIAN TERRACE, LOCUST NJ 07760
Craig S. Cognetti director, 10 percent owner, officer: Chief Executive Officer 2 14TH STREET APT 233, HOBOKEN NJ 07030
Rei-rung Rachel Hsu officer: Chief Financial Officer 3555 BLAIR CIR NE, BROOKHAVEN GA 30319
Avalon Acquisition Holdings Llc 10 percent owner 2 EMBARCADERO CENTER, FLOOR 8, SAN FRANCISCO CA 94111