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DT Cloud Acquisition (DT Cloud Acquisition) Equity-to-Asset : -0.25 (As of Dec. 2023)


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What is DT Cloud Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DT Cloud Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.14 Mil. DT Cloud Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $0.59 Mil.

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

DYCQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.59   Med: -0.42   Max: -0.25
Current: -0.25

During the past 2 years, the highest Equity to Asset Ratio of DT Cloud Acquisition was -0.25. The lowest was -0.59. And the median was -0.42.

DYCQ's Equity-to-Asset is ranked worse than
85.79% of 605 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs DYCQ: -0.25

DT Cloud Acquisition Equity-to-Asset Historical Data

The historical data trend for DT Cloud 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.

DT Cloud Acquisition Equity-to-Asset Chart

DT Cloud Acquisition Annual Data
Trend Dec22 Dec23
Equity-to-Asset
-0.59 -0.25

DT Cloud Acquisition Quarterly Data
Jul22 Dec22 Dec23
Equity-to-Asset 0.20 -0.59 -0.25

Competitive Comparison of DT Cloud Acquisition's Equity-to-Asset

For the Shell Companies subindustry, DT Cloud 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.


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

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

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



DT Cloud 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.

DT Cloud 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
=-0.144/0.588
=

DT Cloud Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.144/0.588
=

* 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.


DT Cloud Acquisition  (NAS:DYCQ) 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%.


DT Cloud Acquisition Equity-to-Asset Related Terms

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DT Cloud Acquisition (DT Cloud Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
30 Orange Street, London, GBR, WC2H 7HF
Website
DT Cloud Acquisition Corp is a newly incorporated blank check company.

DT Cloud Acquisition (DT Cloud Acquisition) Headlines