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Alpha Star Acquisition (Alpha Star Acquisition) Equity-to-Asset : 0.92 (As of Sep. 2023)


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What is Alpha Star Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alpha Star Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $91.33 Mil. Alpha Star Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $99.49 Mil.

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

ALSA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.95   Max: 0.98
Current: 0.92

During the past 2 years, the highest Equity to Asset Ratio of Alpha Star Acquisition was 0.98. The lowest was 0.04. And the median was 0.95.

ALSA's Equity-to-Asset is ranked better than
71.8% of 617 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs ALSA: 0.92

Alpha Star Acquisition Equity-to-Asset Historical Data

The historical data trend for Alpha Star 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.

Alpha Star Acquisition Equity-to-Asset Chart

Alpha Star Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.98 0.96

Alpha Star Acquisition Quarterly Data
Mar21 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 0.97 0.96 0.95 0.94 0.92

Competitive Comparison of Alpha Star Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Alpha Star 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.


Alpha Star Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Alpha Star 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.

Alpha Star Acquisition'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
=113.71/118.34
=

Alpha Star Acquisition'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
=91.333/99.487
=

* 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.


Alpha Star Acquisition  (NAS:ALSA) 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%.


Alpha Star Acquisition Equity-to-Asset Related Terms

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


Alpha Star Acquisition (Alpha Star Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, 5th Floor, New York, NY, USA, 10004
Website
Alpha Star Acquisition Corp is a blank check company.
Executives
Zhe Zhang director, officer: Chief Executive Officer UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX RD CENTRAL, HONG KONG F4 518000
Guojian Chen officer: Chief Financial Officer 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
A-star Management Corp. 10 percent owner 80 BROAD STREET, 5TH FLOOR, NEW YORK NY 10004
Xiaofeng Zhou director D-22A, MINGZHU COMMUNITY, NO. 1 TAOYUAN ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Konstantin A. Sokolov director 11, TRIQ ID-DULARI, SAN PAWL IL-BAHAR, SPB09 O1 263642
Heui-ching Huang director NO. 1, LANE 151, MINZU ROAD, BANQIAO DISTRICT, NEW TAIPEI CITY F5 220811

Alpha Star Acquisition (Alpha Star Acquisition) Headlines