Ross Acquisition II (Ross Acquisition II) Equity-to-Asset : 0.71 (As of Sep. 2023)

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What is Ross Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ross Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $38.81 Mil. Ross Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $54.34 Mil.

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

ROSS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.92 Max: 0.95
Current: 0.71

During the past 2 years, the highest Equity to Asset Ratio of Ross Acquisition II was 0.95. The lowest was 0.14. And the median was 0.92.

ROSS's Equity-to-Asset is ranked worse than
58.24% of 625 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs ROSS: 0.71

Ross Acquisition II Equity-to-Asset Historical Data

The historical data trend for Ross Acquisition II'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.

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Ross Acquisition II Equity-to-Asset Chart

Ross Acquisition II Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

0.92

0.95

Ross Acquisition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial						0.95	0.95	0.65	0.76	0.71

Competitive Comparison of Ross Acquisition II's Equity-to-Asset

For the Shell Companies subindustry, Ross Acquisition II'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.

Ross Acquisition II's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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

Ross Acquisition II 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.

Ross Acquisition II'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
	=	331.911	/	350.404
	=

Ross Acquisition II'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
	=	38.805	/	54.343
	=

Ross Acquisition II (NYSE:ROSS) 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%.

Ross Acquisition II Equity-to-Asset Related Terms

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