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Banyan Acquisition (Banyan Acquisition) Equity-to-Asset : 0.66 (As of Sep. 2023)


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What is Banyan Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Banyan Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $28.16 Mil. Banyan Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $42.83 Mil.

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

BYN' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02   Med: 0.66   Max: 0.95
Current: 0.66

During the past 2 years, the highest Equity to Asset Ratio of Banyan Acquisition was 0.95. The lowest was -0.02. And the median was 0.66.

BYN's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs BYN: 0.66

Banyan Acquisition Equity-to-Asset Historical Data

The historical data trend for Banyan 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.

Banyan Acquisition Equity-to-Asset Chart

Banyan Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
- 0.95

Banyan 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 0.95 0.95 0.95 0.66 0.66

Competitive Comparison of Banyan Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Banyan 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.

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

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

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


Banyan 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.

Banyan 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
=239.625/251.107
=

Banyan 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
=28.158/42.833
=

* 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.

Banyan Acquisition  (NYSE:BYN) 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%.

Banyan Acquisition Equity-to-Asset Related Terms

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Banyan Acquisition (Banyan Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Banyan Acquisition Corp (NYSE:BYN) » Definitions » Equity-to-Asset
Comparable Companies
DECA APXI CPTK EVGR PGSS ATAK BYTS ACAB ARRW NPAB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
400 Skokie Boulevard, Suite 820, Northbrook, IL, USA, 60062
Website
https://www.banyanacquisition.com
Banyan Acquisition Corp is a blank check company.
Executives
Bruce S. Lubin director 5217 RFD BRIARCREST, LONG GROVE IL 60047
Keith Jaffee director, officer: Chief Executive Officer 400 SKOKIE BLVD STE 820, NORTHBROOK IL 60062
Jerry Hyman director, officer: Chairman 400 SKOKIE BLVD STE 820, NORTHBROOK IL 60062
Banyan Acquisition Sponsor Llc director, other: Director by Deputization 400 SKOKIE BLVD STE 820, NORTHBROOK IL 60062
George Courtot officer: Chief Financial Officer 400 SKOKIE BLVD STE 820, NORTHBROOK IL 60062
Otis Carter director 400 SKOKIE BLVD STE 820, NORTHBROOK IL 60062
Peter Cameron director 470 ATLANTIC AVE, 4TH FLOOR, C/O ACUITY MANAGEMENT, INC., BOSTON MA 02210