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Kensington Capital Acquisition V (Kensington Capital Acquisition V) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is Kensington Capital Acquisition V Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kensington Capital Acquisition V's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $33.59 Mil. Kensington Capital Acquisition V's Total Assets for the quarter that ended in Dec. 2023 was $50.57 Mil.

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

KCGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.85   Max: 0.94
Current: 0.66

During the past 3 years, the highest Equity to Asset Ratio of Kensington Capital Acquisition V was 0.94. The lowest was 0.66. And the median was 0.85.

KCGI's Equity-to-Asset is ranked worse than
62.38% of 630 companies
in the Diversified Financial Services industry
Industry Median: 0.83 vs KCGI: 0.66

Kensington Capital Acquisition V Equity-to-Asset Historical Data

The historical data trend for Kensington Capital Acquisition V'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.

Kensington Capital Acquisition V Equity-to-Asset Chart

Kensington Capital Acquisition V Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.85 0.94 0.66

Kensington Capital Acquisition V 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 0.94 0.93 0.95 0.65 0.66

Competitive Comparison of Kensington Capital Acquisition V's Equity-to-Asset

For the Shell Companies subindustry, Kensington Capital Acquisition V'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.


Kensington Capital Acquisition V's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Kensington Capital Acquisition V 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.

Kensington Capital Acquisition V'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
=33.591/50.567
=

Kensington Capital Acquisition V'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
=33.591/50.567
=

* 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.


Kensington Capital Acquisition V  (NYSE:KCGI) 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%.


Kensington Capital Acquisition V Equity-to-Asset Related Terms

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


Kensington Capital Acquisition V (Kensington Capital Acquisition V) Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 301, Westbury, NY, USA, 11590
Kensington Capital Acquisition Corp V is a blank check company.
Executives
Peter Allan Goode officer: Chief Technology Officer C/O KENSINGTON CAPITAL ACQUISITION CORP., 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
William E Kassling director C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Steeg Nickolas Vande director PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44112
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Daniel Elliot Huber officer: Chief Financial Officer 3355 PIERSON DRIVE, WILMINGTON DE 19810
John Andrew Arney director, officer: Vice Chairman and President 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Mark Robertshaw director BOSINNEY, THE LEIGH, KINGSTON UPON THAMES, SURREY X0 KT2 7DS
Julian Philipp Ameler officer: Head of Business Development 7-10 ADAM STREET, LONDON X0 WC2N 6AA
Kensington Capital Sponsor V Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590