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Seaport Global Acquisition II (Seaport Global Acquisition II) Equity-to-Asset : 0.65 (As of Sep. 2023)


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What is Seaport Global Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seaport Global Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $23.91 Mil. Seaport Global Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $36.61 Mil.

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

SGII' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.92   Max: 0.96
Current: 0.65

During the past 2 years, the highest Equity to Asset Ratio of Seaport Global Acquisition II was 0.96. The lowest was 0.19. And the median was 0.92.

SGII's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs SGII: 0.65

Seaport Global Acquisition II Equity-to-Asset Historical Data

The historical data trend for Seaport Global Acquisition II'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.

Seaport Global Acquisition II Equity-to-Asset Chart

Seaport Global Acquisition II Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.92 0.96

Seaport Global Acquisition II Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.94 0.96 0.81 0.75 0.65

Competitive Comparison of Seaport Global Acquisition II's Equity-to-Asset

For the Shell Companies subindustry, Seaport Global Acquisition II'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.


Seaport Global Acquisition II's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Seaport Global Acquisition II 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.

Seaport Global Acquisition II'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
=141.774/148.108
=

Seaport Global Acquisition II'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
=23.909/36.605
=

* 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.


Seaport Global Acquisition II  (NAS:SGII) 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%.


Seaport Global Acquisition II Equity-to-Asset Related Terms

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


Seaport Global Acquisition II (Seaport Global Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
360 Madison Avenue, 20th Floor, New York, NY, USA, 10017
Seaport Global Acquisition II Corp is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Charles Yamarone director 123 W MILLS, EL PASO TX 79901
Stephen C Smith director, officer: Chief Executive Officer 360 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10017
Jay Burnham director, officer: Chief Financial Officer 360 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017
Shelley Greehaus director 360 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017
Jeremy Hedberg director 360 MADISON AVENUE 20TH FLOOR, NEW YORK NY 10017
Edward Heim officer: Secretary 360 MADISON AVENUE, 20TH FLOOR, NEW YORK CITY NY 10017
Seaport Global Spac Ii, Llc 10 percent owner 360 MADISON AVENUE, 20TH FLOOR, NEW YORK CITY NY 10017
Salvatore Bonomo officer: Chief Operating Officer 360 MADISON AVENUE, NEW YORK CITY NY 10017