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Epic Acquisition (XAMS:EPIC) Equity-to-Asset : -0.18 (As of Sep. 2023)


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What is Epic Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Epic Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €-3.49 Mil. Epic Acquisition's Total Assets for the quarter that ended in Sep. 2023 was €19.30 Mil.

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

XAMS:EPIC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.18   Med: -0.08   Max: 0.01
Current: -0.18

During the past 3 years, the highest Equity to Asset Ratio of Epic Acquisition was 0.01. The lowest was -0.18. And the median was -0.08.

XAMS:EPIC's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.83 vs XAMS:EPIC: -0.18

Epic Acquisition Equity-to-Asset Historical Data

The historical data trend for Epic 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.

Epic Acquisition Equity-to-Asset Chart

Epic Acquisition Annual Data
Trend Sep21 Sep22 Sep23
Equity-to-Asset
-0.08 0.01 -0.18

Epic Acquisition Semi-Annual Data
Mar22 Mar23 Sep23
Equity-to-Asset 0.01 -0.01 -0.18

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

For the Shell Companies subindustry, Epic 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.


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

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

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



Epic 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.

Epic Acquisition's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-3.488/19.303
=

Epic 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
=-3.488/19.303
=

* 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.


Epic Acquisition  (XAMS:EPIC) 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%.


Epic Acquisition Equity-to-Asset Related Terms

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


Epic Acquisition (XAMS:EPIC) Business Description

Traded in Other Exchanges
N/A
Address
190 Elgin Avenue, George Town, CYM, KY1-9008
Epic Acquisition Corp is a special purpose acquisition company aimed at acquiring companies operating in the consumer sector in the European Economic Area or the United Kingdom.

Epic Acquisition (XAMS:EPIC) Headlines

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