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Mission Advancement (Mission Advancement) Equity-to-Asset : 0.96 (As of Sep. 2022)


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What is Mission Advancement Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mission Advancement's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $332.23 Mil. Mission Advancement's Total Assets for the quarter that ended in Sep. 2022 was $347.02 Mil.

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

MACC's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Mission Advancement Equity-to-Asset Historical Data

The historical data trend for Mission Advancement'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.

Mission Advancement Equity-to-Asset Chart

Mission Advancement Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.57 0.93

Mission Advancement Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.93 0.93 0.95 0.96 0.96

Competitive Comparison of Mission Advancement's Equity-to-Asset

For the Shell Companies subindustry, Mission Advancement'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.

Mission Advancement's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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


Mission Advancement 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.

Mission Advancement's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=322.93/346.078
=

Mission Advancement's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=332.233/347.017
=

* 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.

Mission Advancement  (NYSE:MACC) 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%.

Mission Advancement Equity-to-Asset Related Terms

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

Mission Advancement (Mission Advancement) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mission Advancement Corp (NYSE:MACC) » Definitions » Equity-to-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2525 E Camelback Road, Suite 850, Phoenix, AZ, USA, 85016
Website
https://www.missioncorp.com
Mission Advancement Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter J Keane 10 percent owner, officer: Chief Financial Officer 100 BLOOMFIELD HILLS PARKWAY, STE. 300, BLOOMFIELD HILLS MI 48304
Omar Johnson director 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Stacie Olivares director 2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016
Jahm J Najafi director, 10 percent owner, officer: Chief Executive Officer 2525 E CAMELBACK RD, SUITE 850, PHOENIX AZ 85016
Katia Beauchamp director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Mission Advancement Sponsor Llc 10 percent owner MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Dean Schnider officer: COO & Head of Business Devt. MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Attica Jaques director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Tina Rhodes-hall officer: Treasurer MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Kaepernick Colin director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016