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TLGY Acquisition (TLGY Acquisition) Equity-to-Asset : 0.84 (As of Mar. 2024)


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What is TLGY Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TLGY Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $56.15 Mil. TLGY Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $67.22 Mil.

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

TLGYU' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.12   Med: 0.85   Max: 0.96
Current: 0.84

During the past 3 years, the highest Equity to Asset Ratio of TLGY Acquisition was 0.96. The lowest was -0.12. And the median was 0.85.

TLGYU's Equity-to-Asset is ranked better than
55.97% of 611 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs TLGYU: 0.84

TLGY Acquisition Equity-to-Asset Historical Data

The historical data trend for TLGY 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.

TLGY Acquisition Equity-to-Asset Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.92 0.96 0.84

TLGY Acquisition Quarterly Data
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 0.85 0.83 0.85 0.84 0.84

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

For the Shell Companies subindustry, TLGY 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.


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

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

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



TLGY 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.

TLGY 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
=55.165/66.005
=

TLGY 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
=56.146/67.219
=

* 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.


TLGY Acquisition  (NAS:TLGYU) 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%.


TLGY Acquisition Equity-to-Asset Related Terms

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TLGY Acquisition (TLGY Acquisition) Business Description

Traded in Other Exchanges
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
TLGY Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.