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Metal Sky Star Acquisition (Metal Sky Star Acquisition) Equity-to-Asset : 0.91 (As of Sep. 2023)


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What is Metal Sky Star Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metal Sky Star Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $55.51 Mil. Metal Sky Star Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $60.81 Mil.

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

MSSA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.93   Max: 0.98
Current: 0.91

During the past 2 years, the highest Equity to Asset Ratio of Metal Sky Star Acquisition was 0.98. The lowest was -0.01. And the median was 0.93.

MSSA's Equity-to-Asset is ranked better than
69.84% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs MSSA: 0.91

Metal Sky Star Acquisition Equity-to-Asset Historical Data

The historical data trend for Metal Sky Star 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.

Metal Sky Star Acquisition Equity-to-Asset Chart

Metal Sky Star Acquisition Annual Data
Trend Dec21 Dec22
Equity-to-Asset
- 0.97

Metal Sky Star Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.98 0.97 0.93 0.92 0.91

Competitive Comparison of Metal Sky Star Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Metal Sky Star 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.


Metal Sky Star Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Metal Sky Star 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.

Metal Sky Star 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
=113.87/116.892
=

Metal Sky Star 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
=55.505/60.81
=

* 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.


Metal Sky Star Acquisition  (NAS:MSSA) 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%.


Metal Sky Star Acquisition Equity-to-Asset Related Terms

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Metal Sky Star Acquisition (Metal Sky Star Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
132 West 31st Street, First Floor, New York, NY, USA, 10001
Website
Metal Sky Star Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Xinghua Fan director 132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Man Chak Leung director, 10 percent owner, officer: CEO and Director 132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Zining Jiang director 132, 1ST FLOOR, NEW YORK NY 10001
Zhou Wang director 132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
M-star Management Corp 10 percent owner 132 W 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Wenxi He officer: Chief Financial Officer FLAT 76 WESTMINSTER GARDENS, MARSHAM STREET, LONDON X0 SW1P4JG