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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) Equity-to-Asset : 0.84 (As of Dec. 2020)


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What is Jaws Spitfire Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jaws Spitfire Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $291.47 Mil. Jaws Spitfire Acquisition's Total Assets for the quarter that ended in Dec. 2020 was $347.40 Mil.

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

SPFR.WS'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.

Jaws Spitfire Acquisition Equity-to-Asset Historical Data

The historical data trend for Jaws Spitfire 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.

Jaws Spitfire Acquisition Equity-to-Asset Chart

Jaws Spitfire Acquisition Annual Data
Trend Dec20
Equity-to-Asset
0.84

Jaws Spitfire Acquisition Semi-Annual Data
Aug20 Dec20
Equity-to-Asset 0.31 0.84

Competitive Comparison of Jaws Spitfire Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Jaws Spitfire 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.


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

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

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



Jaws Spitfire 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.

Jaws Spitfire Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=291.468/347.395
=

Jaws Spitfire Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )=Total Stockholders Equity/Total Assets
=291.468/347.395
=

* 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.


Jaws Spitfire Acquisition  (NYSE:SPFR.WS) 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%.


Jaws Spitfire Acquisition Equity-to-Asset Related Terms

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Jaws Spitfire Acquisition (Jaws Spitfire Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Spitfire Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.