Sizzle Acquisition (Sizzle Acquisition) Equity-to-Asset : 0.60 (As of Sep. 2023)

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What is Sizzle Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sizzle Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $20.30 Mil. Sizzle Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $33.77 Mil.

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

SZZL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.75 Max: 0.95
Current: 0.6

During the past 3 years, the highest Equity to Asset Ratio of Sizzle Acquisition was 0.95. The lowest was 0.03. And the median was 0.75.

SZZL's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs SZZL: 0.60

Sizzle Acquisition Equity-to-Asset Historical Data

The historical data trend for Sizzle 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.

Sizzle Acquisition Equity-to-Asset Chart

Sizzle Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.20

0.95

0.94

Sizzle Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							0.94	0.94	0.75	0.74	0.60

Competitive Comparison of Sizzle Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Sizzle 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.

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

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

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

Sizzle 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.

Sizzle 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
	=	150.743	/	160.644
	=

Sizzle 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
	=	20.298	/	33.77
	=

Sizzle Acquisition (NAS:SZZL) 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%.

Sizzle Acquisition Equity-to-Asset Related Terms

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Sizzle Acquisition (Sizzle Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sizzle Acquisition Corp (NAS:SZZL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Georgia Avenue NW, Washington, DC, USA, 20011

Website

https://sizzlespac.com

Sizzle Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

Executives

Warren M Thompson	director	4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Jamieson Karson	director, 10 percent owner	C/O STEVEN MADDEN LTD, 52 16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Karen A Kelley	director	6475 CHRISTIE AVENUE, SUITE 150, EMERYVILLE CA 94608
Vo Sponsor, Llc	10 percent owner	4201 GEORGIA AVE NW, WASHINGTON DC 20011
Daniel Christopher Lee	officer: Head of Business Development	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Steve Salis	director, 10 percent owner, officer: Chief Executive Officer	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
David Perlin	director	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Nestor Nova	officer: CFO & Secretary	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011