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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Equity-to-Asset : 0.52 (As of Jun. 2023)


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What is CC Neuberger Principal Holdings III Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CC Neuberger Principal Holdings III's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $25.16 Mil. CC Neuberger Principal Holdings III's Total Assets for the quarter that ended in Jun. 2023 was $48.68 Mil.

The historical rank and industry rank for CC Neuberger Principal Holdings III's Equity-to-Asset or its related term are showing as below:

PRPC.U' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.89   Max: 0.96
Current: 0.52

During the past 3 years, the highest Equity to Asset Ratio of CC Neuberger Principal Holdings III was 0.96. The lowest was 0.52. And the median was 0.89.

PRPC.U's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs PRPC.U: 0.52

CC Neuberger Principal Holdings III Equity-to-Asset Historical Data

The historical data trend for CC Neuberger Principal Holdings III'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.

CC Neuberger Principal Holdings III Equity-to-Asset Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.12 0.89 0.96

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.96 0.53 0.52

Competitive Comparison of CC Neuberger Principal Holdings III's Equity-to-Asset

For the Shell Companies subindustry, CC Neuberger Principal Holdings III'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.


CC Neuberger Principal Holdings III's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CC Neuberger Principal Holdings III's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CC Neuberger Principal Holdings III's Equity-to-Asset falls into.



CC Neuberger Principal Holdings III 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.

CC Neuberger Principal Holdings III'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
=392.315/408.987
=

CC Neuberger Principal Holdings III's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=25.156/48.675
=

* 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.


CC Neuberger Principal Holdings III  (NYSE:PRPC.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%.


CC Neuberger Principal Holdings III Equity-to-Asset Related Terms

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


CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Headlines

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