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Marblegate Acquisition (Marblegate Acquisition) Equity-to-Asset : -2.18 (As of Mar. 2024)


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What is Marblegate Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marblegate Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-15.38 Mil. Marblegate Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $7.06 Mil.

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

GATE' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.18   Med: -0.02   Max: 0.95
Current: -2.18

During the past 4 years, the highest Equity to Asset Ratio of Marblegate Acquisition was 0.95. The lowest was -2.18. And the median was -0.02.

GATE's Equity-to-Asset is ranked worse than
90.13% of 608 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs GATE: -2.18

Marblegate Acquisition Equity-to-Asset Historical Data

The historical data trend for Marblegate 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.

Marblegate Acquisition Equity-to-Asset Chart

Marblegate Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.02 0.95 -0.48 -2.12

Marblegate Acquisition Quarterly Data
Dec20 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 Premium Member Only -0.73 -1.07 -1.50 -2.12 -2.18

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

For the Shell Companies subindustry, Marblegate 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.


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

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

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



Marblegate 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.

Marblegate 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
=-14.703/6.94
=

Marblegate 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
=-15.376/7.056
=

* 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.


Marblegate Acquisition  (NAS:GATE) 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%.


Marblegate Acquisition Equity-to-Asset Related Terms

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


Marblegate Acquisition (Marblegate Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580
Website
Marblegate Acquisition Corp is a blank check company.
Executives
Jeffrey Kravetz officer: Chief Financial Officer 411 THEODORE FREMD AVENUE, SUITE 206S, RYE NY 10580
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Hannah E. Dunn other: Member of a Group Owning 10% ONE MARITIME PLAZA SUITE 2100, SAN FRANCISCO CA 94111
Daniel S. Short other: Member of a Group Owning 10% ONE MARITIME PLAZA SUITE 2100, SAN FRANCISCO CA 94111
Joshua J. Dapice other: Member of a Group Owning 10% ONE MARITIME PLAZA SUITE 2100, SAN FRANCISCO CA 94111
Edric C. Saito other: Member of a Group Owning 10% ONE MARITIME PLAZA SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Management Llc other: Member of a Group Owning 10% ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Wingback Investors Llc other: Member of a Group Owning 10% ONE MARITIME PLAZA SUITE 2100, SAN FRANCISCO CA 94111
Varun N Gehani other: Member of a Group Owning 10% ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Grassland Investors, Llc 10 percent owner, other: Member of a Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Nicolas Giauque other: Member of a Group Owning 10% C/O NOONDAY ASSET MANAGEMENT, LLP, BURDETT HOUSE, 15-16, BUCKINGHAM STREET, LONDON X0 WC2N 6DU
Philip D Dreyfuss other: Member of a Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Michael B. Fisch other: Member of a Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
William Seybold other: Member of a Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Mark C Wehrly other: Member of a Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111