Quantum Fintech Acquisition (Quantum Fintech Acquisition) Equity-to-Asset : 0.78 (As of Sep. 2023)

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What is Quantum Fintech Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quantum Fintech Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $42.73 Mil. Quantum Fintech Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $54.79 Mil.

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

QFTA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.95 Max: 0.98
Current: 0.78

During the past 3 years, the highest Equity to Asset Ratio of Quantum Fintech Acquisition was 0.98. The lowest was 0.31. And the median was 0.95.

QFTA's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs QFTA: 0.78

Quantum Fintech Acquisition Equity-to-Asset Historical Data

The historical data trend for Quantum Fintech 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.

Quantum Fintech Acquisition Equity-to-Asset Chart

Quantum Fintech Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.10

0.93

0.97

Quantum Fintech Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.98	0.97	0.84	0.84	0.78

Competitive Comparison of Quantum Fintech Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Quantum Fintech 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.

Quantum Fintech Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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

Quantum Fintech 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.

Quantum Fintech 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
	=	198.41	/	204.208
	=

Quantum Fintech 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
	=	42.733	/	54.79
	=

Quantum Fintech Acquisition (AMEX:QFTA) 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%.

Quantum Fintech Acquisition Equity-to-Asset Related Terms

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Quantum Fintech Acquisition (Quantum Fintech Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Quantum Fintech Acquisition Corp (AMEX:QFTA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607

Website

https://www.qftacorp.com

Quantum Fintech Acquisition Corp is a blank check company.

Executives

Cable Car Capital Llc	10 percent owner	2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Jacob Ma-weaver	10 percent owner	2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Funicular Funds, Lp	10 percent owner	2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Sandip I Patel	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Richard Korhammer	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
John Schaible	director, officer: Chairman and CEO	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Quantum Ventures Llc	10 percent owner	4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Miguel Leon	director, officer: Chief Financial Officer	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Daniel V Caamano	director, officer: President	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Steven J. Carlson	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Thomas Jon Hammond	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607