FGMC (FG Merger II) Debt-to-Equity: 0.00 (As of Mar. 2026)

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FGMC FG Merger II Corp FGMC
15 GF Score
Price $8.31
! 1 Warning Sign
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What is FG Merger II Debt-to-Equity?

FG Merger II FGMC -10.17% 15 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates FGMC with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 173 Diversified Financial Services companies, FG Merger II ranks worse than 578034.1% on this metric.

FG Merger II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. FG Merger II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. FG Merger II's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $82.81 Mil. FG Merger II's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FG Merger II's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of FG Merger II was 5.95. The lowest was -62.50. And the median was 2.72.

FGMC's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

FG Merger II  (NAS:FGMC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FG Merger II Debt-to-Equity Related Terms

FG Merger II Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for FG Merger II's Debt-to-Equity 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.

FG Merger II Debt-to-Equity Chart

FG Merger II Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
5.44 -41.67 0.00

FG Merger II Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

FGMC vs ALIS, MGTE, PECE: Debt-to-Equity Comparison

For the Shell Companies subindustry, FG Merger II's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

FG Merger II Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FG Merger II's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FG Merger II's Debt-to-Equity falls into.


FGMC
15GF Score
FG Merger II Corp FGMC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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FG Merger II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FG Merger II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 82.526
=0.00

FG Merger II's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 82.814
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
FG Merger II (FGMC) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FG Merger II and its competitors. According to the industry distribution chart, FG Merger II ranks #999999 out of 173 companies in the Diversified Financial Services industry.
Is FG Merger II's Debt-to-Equity too high?
FG Merger II's current Debt-to-Equity is 0.00. Based on the distribution chart, FG Merger II ranks #999999 out of 173 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, FG Merger II has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does FG Merger II's Debt-to-Equity compare to ALIS and MGTE?
According to the Diversified Financial Services industry distribution chart, FG Merger II ranks #999999 out of 173 companies for Debt-to-Equity. This places FG Merger II in the lower half of its industry. The industry median Debt-to-Equity is 0.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 173 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FG Merger II and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FG Merger II's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FG Merger II stock overvalued right now?
FG Merger II (FGMC) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. FG Merger II's overall GF Score™ is 15/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FG Merger II (FGMC), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FG Merger II Business Description

Address 104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Merger II Corp is a blank check company, incorporated for the purpose of merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (Business Combination).
15GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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