First Reserve Sustainable Growth (First Reserve Sustainable Growth) Equity-to-Asset : 0.95 (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is First Reserve Sustainable Growth Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Reserve Sustainable Growth's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $213.56 Mil. First Reserve Sustainable Growth's Total Assets for the quarter that ended in Sep. 2022 was $224.81 Mil.

The historical rank and industry rank for First Reserve Sustainable Growth's Equity-to-Asset or its related term are showing as below:

FRSGU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9 Med: 0.92 Max: 1
Current: 0.95

During the past 1 years, the highest Equity to Asset Ratio of First Reserve Sustainable Growth was 1.00. The lowest was 0.90. And the median was 0.92.

FRSGU's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs FRSGU: 0.95

First Reserve Sustainable Growth Equity-to-Asset Historical Data

The historical data trend for First Reserve Sustainable Growth'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.

First Reserve Sustainable Growth Equity-to-Asset Chart

First Reserve Sustainable Growth Annual Data

Trend

Dec21

Equity-to-Asset

0.90

First Reserve Sustainable Growth Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Equity-to-Asset	Get a 7-Day Free Trial			0.90	0.90	0.92	0.93	0.95

Competitive Comparison of First Reserve Sustainable Growth's Equity-to-Asset

For the Shell Companies subindustry, First Reserve Sustainable Growth'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.

First Reserve Sustainable Growth's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, First Reserve Sustainable Growth's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Reserve Sustainable Growth's Equity-to-Asset falls into.

First Reserve Sustainable Growth 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.

First Reserve Sustainable Growth's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	201.688	/	224.236
	=

First Reserve Sustainable Growth's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	213.557	/	224.814
	=

First Reserve Sustainable Growth (NAS:FRSGU) 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%.

First Reserve Sustainable Growth Equity-to-Asset Related Terms

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

First Reserve Sustainable Growth (First Reserve Sustainable Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » First Reserve Sustainable Growth Corp (NAS:FRSGU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 Harbor Drive, Third Floor, Stamford, CT, USA, 06902

Website

https://www.frsgcorp.com

First Reserve Sustainable Growth Corp is a blank check company.

Executives

E. Perot Bissell	director	MAXUM PETROLEUM HOLDINGS, INC., 1455 EAST PUTNAM AVENUE, OLD GREENWICH CT 06870
Adam Grosser	director	FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Gary Duane Reaves	director	ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
Alex T Krueger	director, officer: Chairman of the Board
Neil Alan Wizel	director, officer: Chief Executive Officer	600 TRAVIS, SUITE 6000, HOUSTON TX 77002
Amy Francetic	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Mary Anne Brelinsky	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
First Reserve Sustainable Growth Sponsor Llc	10 percent owner	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Thomas S Amburgey	director, officer: Chief Financial Officer	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Marvin Odum	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902