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ACE Aviation Holdings (ACE Aviation Holdings) Equity-to-Asset : 1.00 (As of Sep. 2023)


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What is ACE Aviation Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ACE Aviation Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.62 Mil. ACE Aviation Holdings's Total Assets for the quarter that ended in Sep. 2023 was $4.64 Mil.

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

ACAVF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.97   Med: 0.99   Max: 1
Current: 1

During the past 13 years, the highest Equity to Asset Ratio of ACE Aviation Holdings was 1.00. The lowest was 0.97. And the median was 0.99.

ACAVF's Equity-to-Asset is not ranked
in the Transportation industry.
Industry Median: 0.49 vs ACAVF: 1.00

ACE Aviation Holdings Equity-to-Asset Historical Data

The historical data trend for ACE Aviation Holdings'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.

ACE Aviation Holdings Equity-to-Asset Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.98 0.97 - -

ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1.00 1.00

Competitive Comparison of ACE Aviation Holdings's Equity-to-Asset

For the Airlines subindustry, ACE Aviation Holdings'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.


ACE Aviation Holdings's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ACE Aviation Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ACE Aviation Holdings's Equity-to-Asset falls into.



ACE Aviation Holdings 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.

ACE Aviation Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=0/4.971
=

ACE Aviation Holdings'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
=4.623/4.637
=

* 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.


ACE Aviation Holdings  (OTCPK:ACAVF) 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%.


ACE Aviation Holdings Equity-to-Asset Related Terms

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


ACE Aviation Holdings (ACE Aviation Holdings) Business Description

Traded in Other Exchanges
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (ACE Aviation Holdings) Headlines

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