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Pono Capital Three (Pono Capital Three) Equity-to-Asset : 0.89 (As of Sep. 2023)


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What is Pono Capital Three Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pono Capital Three's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $108.11 Mil. Pono Capital Three's Total Assets for the quarter that ended in Sep. 2023 was $121.70 Mil.

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

PTHR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.48   Max: 0.97
Current: 0.89

During the past 1 years, the highest Equity to Asset Ratio of Pono Capital Three was 0.97. The lowest was 0.04. And the median was 0.48.

PTHR's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs PTHR: 0.89

Pono Capital Three Equity-to-Asset Historical Data

The historical data trend for Pono Capital Three'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.

Pono Capital Three Equity-to-Asset Chart

Pono Capital Three Annual Data
Trend Dec22
Equity-to-Asset
0.04

Pono Capital Three Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial 0.05 0.04 0.97 0.97 0.89

Competitive Comparison of Pono Capital Three's Equity-to-Asset

For the Shell Companies subindustry, Pono Capital Three'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.


Pono Capital Three's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Pono Capital Three's Equity-to-Asset falls into.



Pono Capital Three 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.

Pono Capital Three'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
=0.016/0.458
=

Pono Capital Three'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
=108.112/121.702
=

* 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.


Pono Capital Three  (NAS:PTHR) 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%.


Pono Capital Three Equity-to-Asset Related Terms

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


Pono Capital Three (Pono Capital Three) Business Description

Traded in Other Exchanges
N/A
Address
643 Ilalo Street, Suite 102, Honolulu, HI, USA, 96813
Website
Pono Capital Three Inc is a blank check company.
Executives
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Dustin M Shindo director HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Trisha Nomura director 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Mehana Capital Llc 10 percent owner 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Gary Miyashiro officer: Chief Financial Officer 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Davin Kazama director, officer: Chief Executive Officer 643 ILALO STREET, HONOLULU HI 96816