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Priveterra Acquisition II (Priveterra Acquisition II) Equity-to-Asset : 0.30 (As of Sep. 2023)


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What is Priveterra Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Priveterra Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $6.21 Mil. Priveterra Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $21.05 Mil.

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

PMGM' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.43   Med: 0.9   Max: 0.96
Current: 0.3

During the past 3 years, the highest Equity to Asset Ratio of Priveterra Acquisition II was 0.96. The lowest was -0.43. And the median was 0.90.

PMGM's Equity-to-Asset is ranked worse than
75.68% of 629 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs PMGM: 0.30

Priveterra Acquisition II Equity-to-Asset Historical Data

The historical data trend for Priveterra 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.

* Premium members only.

Priveterra Acquisition II Equity-to-Asset Chart

Priveterra Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
-0.43 0.92 0.44

Priveterra Acquisition II Quarterly Data
Aug20 Dec20 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 Premium Member Only Premium Member Only 0.95 0.44 0.40 0.56 0.30

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

For the Shell Companies subindustry, Priveterra 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.


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

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

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



Priveterra 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.

Priveterra 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
=13.275/30.361
=

Priveterra 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
=6.208/21.046
=

* 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.


Priveterra Acquisition II  (NAS:PMGM) 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%.


Priveterra Acquisition II Equity-to-Asset Related Terms

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


Priveterra Acquisition II (Priveterra Acquisition II) Business Description

Traded in Other Exchanges
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Priveterra Acquisition Corp II is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019
Gregory Golkin director, 10 percent owner, officer: President 650 FIFTH AVENUE 10TH FLO, NEW YORK NY 10019