Denali Capital Acquisition (Denali Capital Acquisition) Equity-to-Asset : 0.83 (As of Dec. 2023)

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What is Denali Capital Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Denali Capital Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $42.20 Mil. Denali Capital Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $50.69 Mil.

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

DECA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.89 Max: 0.95
Current: 0.83

During the past 2 years, the highest Equity to Asset Ratio of Denali Capital Acquisition was 0.95. The lowest was 0.83. And the median was 0.89.

DECA's Equity-to-Asset is ranked better than
51.83% of 627 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs DECA: 0.83

Denali Capital Acquisition Equity-to-Asset Historical Data

The historical data trend for Denali Capital 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.

Denali Capital Acquisition Equity-to-Asset Chart

Denali Capital Acquisition Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.95

0.83

Denali Capital Acquisition Quarterly Data
	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.95	0.93	0.93	0.91	0.83

Competitive Comparison of Denali Capital Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Denali Capital 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.

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

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

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

Denali Capital 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.

Denali Capital Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	42.196	/	50.687
	=

Denali Capital Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	42.196	/	50.687
	=

Denali Capital Acquisition (NAS:DECA) 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%.

Denali Capital Acquisition Equity-to-Asset Related Terms

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

Denali Capital Acquisition (Denali Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Denali Capital Acquisition Corp (NAS:DECA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

437 Madison Avenue, 27th Floor, New York, NY, USA, 10022

Website

Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Executives

Huifeng Chang	director	10 EASTERN DRIVE, PRINCENTON JUNCTION NJ 08550
Kevin Vassily	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Lei Huang	director, officer: Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021
Jim Mao	director	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
You Sun	officer: Chief Financial Officer	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jiandong Xu	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Denali Capital Global Investments Llc	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022