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


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What is HCM Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HCM Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $36.12 Mil. HCM Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $44.85 Mil.

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

HCMA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.89   Max: 0.98
Current: 0.81

During the past 2 years, the highest Equity to Asset Ratio of HCM Acquisition was 0.98. The lowest was 0.03. And the median was 0.89.

HCMA's Equity-to-Asset is ranked better than
50.81% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs HCMA: 0.81

HCM Acquisition Equity-to-Asset Historical Data

The historical data trend for HCM 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.

HCM Acquisition Equity-to-Asset Chart

HCM Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.03 0.94

HCM Acquisition Quarterly Data
Feb21 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 0.94 0.94 0.98 0.84 0.81

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

For the Shell Companies subindustry, HCM 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.


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

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

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



HCM 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.

HCM 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
=281.643/298.6
=

HCM 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
=36.118/44.847
=

* 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.


HCM Acquisition  (NAS:HCMA) 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%.


HCM Acquisition Equity-to-Asset Related Terms

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


HCM Acquisition (HCM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 First Stamford Place, Suite 330, Stamford, CT, USA, 06902
HCM Acquisition Corp is a blank check company.
Executives
David Goldfarb director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Shawn Matthews director, officer: Chairman and CEO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Steven Bischoff director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD DC 06902
Jacob Loveless director 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902
James Bond officer: President and CFO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Hcm Investor Holdings, Llc 10 percent owner 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902