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Athena Technology Acquisition II (Athena Technology Acquisition II) Equity-to-Asset : 0.47 (As of Sep. 2023)


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What is Athena Technology Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Athena Technology Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $12.12 Mil. Athena Technology Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $26.05 Mil.

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

ATEK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.96   Max: 0.96
Current: 0.47

During the past 2 years, the highest Equity to Asset Ratio of Athena Technology Acquisition II was 0.96. The lowest was 0.47. And the median was 0.96.

ATEK's Equity-to-Asset is ranked worse than
69.89% of 621 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs ATEK: 0.47

Athena Technology Acquisition II Equity-to-Asset Historical Data

The historical data trend for Athena Technology 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.

Athena Technology Acquisition II Equity-to-Asset Chart

Athena Technology Acquisition II Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.96 0.96

Athena Technology Acquisition II Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.96 0.96 0.96 0.49 0.47

Competitive Comparison of Athena Technology Acquisition II's Equity-to-Asset

For the Shell Companies subindustry, Athena Technology 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.

Athena Technology Acquisition II's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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


Athena Technology 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.

Athena Technology 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
=250.227/260.691
=

Athena Technology 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
=12.12/26.049
=

* 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.

Athena Technology Acquisition II  (AMEX:ATEK) 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%.

Athena Technology Acquisition II Equity-to-Asset Related Terms

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Athena Technology Acquisition II (Athena Technology Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Technology Acquisition Corp II (AMEX:ATEK) » Definitions » Equity-to-Asset
Comparable Companies
VMCA ACAH DHCA ZLS BMAC LGVC GPAC FIAC IRRX CSTA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
442 5th Avenue, New York, NY, USA, 10018
Website
https://www.athenaspac.com
Athena Technology Acquisition Corp II is a blank check company.
Executives
Trier Bryant director 2220 WESTCREEK LN 1404, HOUSTON TX 77027
Judith Rodin director C/O UNIVERSITY OF PENNSYLVANIA, 100 COLLEGE HALL, PHILADELPHIA PA 19104-6380
Sharon Brown-hruska director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Randi Zuckerberg director 394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111
Kirthiga Reddy officer: President C/O PEAR THERAPEUTICS, INC., 200 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Isabelle D. Freidheim director, 10 percent owner, officer: Chief Executive Officer 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Athena Technology Sponsor Ii, Llc 10 percent owner 442 5TH AVENUE, NEW YORK NY 10018
Anna Apostolova officer: Chief Financial Officer C/O ATHENA TECHNOLOGY ACQUISITION CORP., 442 5TH AVENUE, NEW YORK NY 10018