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Focus Impact Acquisition (Focus Impact Acquisition) Debt-to-Equity : 0.29 (As of Mar. 2024)


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What is Focus Impact Acquisition Debt-to-Equity?

Focus Impact Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.15 Mil. Focus Impact Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Focus Impact Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $7.46 Mil. Focus Impact Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 Focus Impact Acquisition's Debt-to-Equity or its related term are showing as below:

FIAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 3.13
Current: 0.29

During the past 3 years, the highest Debt-to-Equity Ratio of Focus Impact Acquisition was 3.13. The lowest was 0.01. And the median was 0.19.

FIAC's Debt-to-Equity is ranked worse than
74.56% of 283 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs FIAC: 0.29

Focus Impact Acquisition Debt-to-Equity Historical Data

The historical data trend for Focus Impact Acquisition'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.

* Premium members only.

Focus Impact Acquisition Debt-to-Equity Chart

Focus Impact Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.19

Focus Impact Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.02 0.19 0.29

Competitive Comparison of Focus Impact Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Focus Impact Acquisition'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.

Focus Impact Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Focus Impact Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Focus Impact Acquisition's Debt-to-Equity falls into.


Focus Impact Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Focus Impact Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
=(1.875 + 0) / 9.694
=0.19

Focus Impact Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(2.15 + 0) / 7.46
=0.29

* 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.

Focus Impact Acquisition  (NAS:FIAC) 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.

Focus Impact Acquisition Debt-to-Equity Related Terms

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

Focus Impact Acquisition (Focus Impact Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Focus Impact Acquisition Corp (NAS:FIAC) » Definitions » Debt-to-Equity
Comparable Companies
GPAC GATE MCAC BMAC OPA TBCP ZLS NSTB DSAQ NPAB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
250 Park Avenue, Suite 911, New York, NY, USA, 10177
Website
https://www.focus-impact.com
Focus Impact Acquisition Corp is a blank check company.
Executives
D'angela Simms director 40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Westley Moore director, other: Chairman 325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Wray T Thorn officer: Chief Investment Officer 63 WEST 17TH STREET, NEW YORK NY 10011
Dawanna Williams director 865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Troy L Carter director 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Focus Impact Sponsor, Llc director, 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Carl Stanton officer: Chief Executive Officer C/O FOCUS IMPACT, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Ernest D Lyles officer: Chief Financial Officer C/O FOCUS IMPACT, 250 PARK AVENUE, SUITE 911, NEW YORK NY 10177
Howard L Sanders director C/O FOCUS IMPACT, 250 PARK AVENUE, SUITE 911, NEW YORK NY 10177