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Generation Asia I Acquisition (Generation Asia I Acquisition) Equity-to-Asset : 0.92 (As of Mar. 2024)


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What is Generation Asia I Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Generation Asia I Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $78.34 Mil. Generation Asia I Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $85.54 Mil.

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

GAQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02   Med: 0.93   Max: 0.98
Current: 0.92

During the past 3 years, the highest Equity to Asset Ratio of Generation Asia I Acquisition was 0.98. The lowest was -0.02. And the median was 0.93.

GAQ's Equity-to-Asset is ranked better than
72.74% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs GAQ: 0.92

Generation Asia I Acquisition Equity-to-Asset Historical Data

The historical data trend for Generation Asia I 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.

Generation Asia I Acquisition Equity-to-Asset Chart

Generation Asia I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-0.02 0.96 0.93

Generation Asia I Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.98 0.93 0.93 0.92

Competitive Comparison of Generation Asia I Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Generation Asia I 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.


Generation Asia I Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Generation Asia I 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.

Generation Asia I 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
=78.577/84.201
=

Generation Asia I Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=78.339/85.541
=

* 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.


Generation Asia I Acquisition  (NAS:GAQ) 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%.


Generation Asia I Acquisition Equity-to-Asset Related Terms

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Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102
Generation Asia I Acquisition Ltd is a blank check company.
Executives
Mei Gao director 101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan director, officer: Chief Executive Officer 68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka officer: Chief Financial Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa director, officer: Chief Operating Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan director TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3

Generation Asia I Acquisition (Generation Asia I Acquisition) Headlines