GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Forge Global Holdings Inc (NYSE:FRGE) » Definitions » Liabilities-to-Assets

FRGE (Forge Global Holdings) Liabilities-to-Assets : 0.14 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Forge Global Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Forge Global Holdings's Total Liabilities for the quarter that ended in Sep. 2024 was $38.29 Mil. Forge Global Holdings's Total Assets for the quarter that ended in Sep. 2024 was $276.57 Mil. Therefore, Forge Global Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.14.


Forge Global Holdings Liabilities-to-Assets Historical Data

The historical data trend for Forge Global Holdings's Liabilities-to-Assets 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.

Forge Global Holdings Liabilities-to-Assets Chart

Forge Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.68 0.42 0.25 0.11 0.14

Forge Global Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.14 0.14 0.13 0.14

Competitive Comparison of Forge Global Holdings's Liabilities-to-Assets

For the Capital Markets subindustry, Forge Global Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Forge Global Holdings's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Forge Global Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Forge Global Holdings's Liabilities-to-Assets falls into.



Forge Global Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Forge Global Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=42.313/310.731
=0.14

Forge Global Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=38.292/276.573
=0.14

* 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.


Forge Global Holdings  (NYSE:FRGE) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Forge Global Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Forge Global Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Forge Global Holdings Business Description

Traded in Other Exchanges
N/A
Address
4 Embarcadero Center, Floor 15, San Francisco, CA, USA, 94111
Forge Global Holdings Inc is a financial service platform created to serve the needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.
Executives
Kelly Rodriques director, officer: Chief Executive Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short officer: Chief Legal Officer 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii director 1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos officer: Chief Operating Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche 10 percent owner
Mark P Lee officer: Chief Financial Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste director, officer: CFO and Director C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc 10 percent owner 7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron director C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708