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Accretion Acquisition (Accretion Acquisition) Equity-to-Asset : 0.81 (As of Sep. 2023)


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What is Accretion Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accretion Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $45.28 Mil. Accretion Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $55.92 Mil.

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

ENER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.96   Max: 0.96
Current: 0.81

During the past 2 years, the highest Equity to Asset Ratio of Accretion Acquisition was 0.96. The lowest was 0.05. And the median was 0.96.

ENER's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs ENER: 0.81

Accretion Acquisition Equity-to-Asset Historical Data

The historical data trend for Accretion 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.

Accretion Acquisition Equity-to-Asset Chart

Accretion Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.96 0.96

Accretion 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 0.96 0.96 0.96 0.82 0.81

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

For the Shell Companies subindustry, Accretion 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.


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

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

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



Accretion 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.

Accretion 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
=203.85/212.437
=

Accretion 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
=45.282/55.923
=

* 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.


Accretion Acquisition  (NAS:ENER) 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%.


Accretion Acquisition Equity-to-Asset Related Terms

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


Accretion Acquisition (Accretion Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
240 Saint Paul, Suite 502, Denver, CO, USA, 80206
Accretion Acquisition Corp is a blank check company.
Executives
Christopher A Wright director 106 ALTA VISTA AVENUE, MILL VALLEY CA 94941
Cary D. Steinbeck director 950 17TH STREET, SUITE 2000, DENVER CO 80202
Daniel Silverman director, officer: COO and Director 3355 WEST ALABAMA, HOUSTON TX 77098
Charles Gwirtsman director C/O GLOBAL EMPLOYMENT HOLDINGS, INC., 10375 PARK MEADOWS DR., SUITE 375, LONE TREE CO 80124
Daniel Posner director 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
Accretion Acquisition Sponsor, Llc 10 percent owner 410 17TH STREET #1110, DENVER CO 80202
Douglas C. Sandridge officer: Vice President 240 SAINT PAUL STREET, SUITE 505, DENVER CO 80206
Hess Conor officer: Vice President 410 17TH STREET #1110, DENVER CO 80202
Michael Grant Farn officer: CFO 410 17TH STREET #1110, DENVER CO 80202
Brad Morse director, officer: CEO and Director 410 17TH STREET #1110, DENVER CO 80202
Ryan Stuart Sullivan officer: SVP and Secretary 410 17TH STREET #110, DENVER CO 80202
Ron Maor director 410 17TH STREET #1100, DENVER CO 80202