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Pearl Holdings Acquisition (Pearl Holdings Acquisition) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Pearl Holdings Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pearl Holdings Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $15.43 Mil. Pearl Holdings Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $24.40 Mil.

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

PRLH' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.97   Max: 0.97
Current: 0.63

During the past 3 years, the highest Equity to Asset Ratio of Pearl Holdings Acquisition was 0.97. The lowest was -0.01. And the median was 0.97.

PRLH's Equity-to-Asset is ranked worse than
61.35% of 621 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs PRLH: 0.63

Pearl Holdings Acquisition Equity-to-Asset Historical Data

The historical data trend for Pearl Holdings 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.

Pearl Holdings Acquisition Equity-to-Asset Chart

Pearl Holdings Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.97 0.67

Pearl Holdings Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.97 0.97 0.67 0.63

Competitive Comparison of Pearl Holdings Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Pearl Holdings 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.


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

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

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



Pearl Holdings 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.

Pearl Holdings 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
=15.753/23.675
=

Pearl Holdings Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=15.432/24.402
=

* 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.


Pearl Holdings Acquisition  (NAS:PRLH) 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%.


Pearl Holdings Acquisition Equity-to-Asset Related Terms

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Pearl Holdings Acquisition (Pearl Holdings Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 11th Floor, New York, NY, USA, 10017
Pearl Holdings Acquisition Corp is a blank check company.
Executives
Laura A Weil director C/O CARNIVAL CORPORATION, 3655 NW 87TH AVENUE, MIAMI FL 33178
Mary C Tanner director ARIAD PHARMACEUTICALS, INC, 26 LANDSDOWNE STREET, CAMBRIDGE MA 02139
Pearl Holdings Sponsor Llc 10 percent owner 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Scott M. Napolitano officer: Managing Director 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Craig E. Barnett director, 10 percent owner, officer: CEO and Chairman 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
James E. Lieber director 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Martin F. Lewis officer: Chief Financial Officer 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Terry Duddy director, officer: Vice Chairman 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017

Pearl Holdings Acquisition (Pearl Holdings Acquisition) Headlines