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Digital World Acquisition (Digital World Acquisition) Equity-to-Asset : 0.79 (As of Sep. 2023)


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What is Digital World Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Digital World Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $246.66 Mil. Digital World Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $310.48 Mil.

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

DWAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.89   Max: 0.97
Current: 0.79

During the past 3 years, the highest Equity to Asset Ratio of Digital World Acquisition was 0.97. The lowest was 0.19. And the median was 0.89.

DWAC's Equity-to-Asset is ranked worse than
53.55% of 633 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs DWAC: 0.79

Digital World Acquisition Equity-to-Asset Historical Data

The historical data trend for Digital World 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.

Digital World Acquisition Equity-to-Asset Chart

Digital World Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
- 0.96 0.89

Digital World Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.92 0.89 0.88 0.85 0.79

Competitive Comparison of Digital World Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Digital World 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.


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

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

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



Digital World 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.

Digital World 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
=266.977/300.5
=

Digital World 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
=246.663/310.481
=

* 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.


Digital World Acquisition  (NAS:DWAC) 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%.


Digital World Acquisition Equity-to-Asset Related Terms

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


Digital World Acquisition (Digital World Acquisition) Business Description

Traded in Other Exchanges
Address
3109 Grand Avenue, No 450, Miami, FL, USA, 33133
Website
Digital World Acquisition Corp is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Patrick Francis Orlando director, 10 percent owner, officer: CEO and Chairman 212 E 48TH STREET - PHB, NEW YORK NY 10017
Justin Shaner director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Eric Swider director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Rodrigo Veloso director 78 SW 7TH STREET, MIAMI FL 33130
Bruce J. Garelick director 78 SW 7TH STREET, MIAMI FL 33130
Jacobson Montie director 78 SW 7TH STREET, MIAMI FL 33130
Luiz Orleans-braganza officer: Chief Financial Officer 78 SW 7TH STREET, MIAMI FL 33130
Arc Global Investments Ii Llc 10 percent owner 78 SW 7TH STREET, MIAMI FL 33130