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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Integrated Rail and Resources Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Integrated Rail and Resources Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $53.35 Mil. Integrated Rail and Resources Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $72.77 Mil.

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

IRRX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.91   Max: 0.95
Current: 0.73

During the past 3 years, the highest Equity to Asset Ratio of Integrated Rail and Resources Acquisition was 0.95. The lowest was 0.73. And the median was 0.91.

IRRX's Equity-to-Asset is ranked worse than
55.32% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs IRRX: 0.73

Integrated Rail and Resources Acquisition Equity-to-Asset Historical Data

The historical data trend for Integrated Rail and Resources 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.

Integrated Rail and Resources Acquisition Equity-to-Asset Chart

Integrated Rail and Resources Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.91 0.95 0.73

Integrated Rail and Resources Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.87 0.85 0.70 0.73

Competitive Comparison of Integrated Rail and Resources Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Integrated Rail and Resources 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.


Integrated Rail and Resources Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Integrated Rail and Resources Acquisition's Equity-to-Asset falls into.



Integrated Rail and Resources 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.

Integrated Rail and Resources 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
=53.354/72.765
=

Integrated Rail and Resources 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
=53.354/72.765
=

* 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.


Integrated Rail and Resources Acquisition  (OTCPK:IRRX) 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%.


Integrated Rail and Resources Acquisition Equity-to-Asset Related Terms

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


Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Integrated Rail and Resources Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach officer: General Counsel 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel officer: Chief Financial Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel director, officer: Chief Executive Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher director, officer: Chief Acquisition Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel director, officer: Chief Operating Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109