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InterPrivate III Financial Partners (InterPrivate III Financial Partners) Equity-to-Asset : 0.89 (As of Sep. 2023)


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What is InterPrivate III Financial Partners Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. InterPrivate III Financial Partners's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.22 Mil. InterPrivate III Financial Partners's Total Assets for the quarter that ended in Sep. 2023 was $8.16 Mil.

The historical rank and industry rank for InterPrivate III Financial Partners's Equity-to-Asset or its related term are showing as below:

IPVF.U' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.98   Max: 1
Current: 0.89

During the past 2 years, the highest Equity to Asset Ratio of InterPrivate III Financial Partners was 1.00. The lowest was 0.34. And the median was 0.98.

IPVF.U's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs IPVF.U: 0.89

InterPrivate III Financial Partners Equity-to-Asset Historical Data

The historical data trend for InterPrivate III Financial Partners'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.

InterPrivate III Financial Partners Equity-to-Asset Chart

InterPrivate III Financial Partners Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.99 0.68

InterPrivate III Financial Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.98 0.68 0.89 0.94 0.89

Competitive Comparison of InterPrivate III Financial Partners's Equity-to-Asset

For the Shell Companies subindustry, InterPrivate III Financial Partners'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.


InterPrivate III Financial Partners's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where InterPrivate III Financial Partners's Equity-to-Asset falls into.



InterPrivate III Financial Partners 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.

InterPrivate III Financial Partners'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
=25.332/37.341
=

InterPrivate III Financial Partners's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=7.224/8.159
=

* 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.


InterPrivate III Financial Partners  (AMEX:IPVF.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%.


InterPrivate III Financial Partners Equity-to-Asset Related Terms

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


InterPrivate III Financial Partners (InterPrivate III Financial Partners) Business Description

Traded in Other Exchanges
N/A
Address
1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019
InterPrivate III Financial Partners Inc is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses.
Executives
Richard A Mcginn director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
John B Mccoy director 208 S. AKARD ST., --, DALLAS TX 75202
Howard H Newman director C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Ahmed M Fattouh 10 percent owner, officer: Chairman and CEO C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Brandon C Bentley officer: General Counsel C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Minesh K Patel officer: Vice President C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Sunil Aruna Kappagoda director, officer: Vice Chairman 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Interprivate Acquisition Management Iii, Llc 10 percent owner, other: Director by Deputization 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Nicholaos Krenteras director, officer: President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Gordy Holterman director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019

InterPrivate III Financial Partners (InterPrivate III Financial Partners) Headlines

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