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FPAC.U (Far Peak Acquisition) Debt-to-Equity : 0.00 (As of Dec. 2022)


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What is Far Peak Acquisition Debt-to-Equity?

Far Peak Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Far Peak Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Far Peak Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $595.26 Mil. Far Peak Acquisition's debt to equity for the quarter that ended in Dec. 2022 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 Far Peak Acquisition's Debt-to-Equity or its related term are showing as below:

During the past 2 years, the highest Debt-to-Equity Ratio of Far Peak Acquisition was 1.67. The lowest was 1.67. And the median was 1.67.

FPAC.U's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Far Peak Acquisition Debt-to-Equity Historical Data

The historical data trend for Far Peak 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.

Far Peak Acquisition Debt-to-Equity Chart

Far Peak Acquisition Annual Data
Trend Sep21 Sep22
Debt-to-Equity
- -

Far Peak Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Far Peak Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Far Peak 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.

Far Peak Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


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Far Peak Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Far Peak Acquisition's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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) / 588.098
=0.00

Far Peak Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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) / 595.264
=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.

Far Peak Acquisition  (NYSE:FPAC.U) 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.

Far Peak Acquisition Debt-to-Equity Related Terms

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

Far Peak Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Far Peak Acquisition Corp (NYSE:FPAC.U) » Definitions » Debt-to-Equity
Comparable Companies
CCVI WPCB GSEV SLAM MSDA LGAC SCOA LMACA RBAC GOAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
511 6th Avenue, No. 7342, New York, NY, USA, 10011
Website
https://www.farpeak.com
Far Peak Acquisition Corp is a blank check company. It is for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Charles A Vice director 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Thomas W Farley director, officer: CEO, President and Chairman C/O: INTERCONTINENTALEXCHANGE, INC., 2100 RIVEREDGE PARKWAY, STE. 500, ATLANTA GA 30328
Stanley A Mcchrystal director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Bonanno director, officer: CFO and Secretary 390 PARK AVENUE, NEW YORK NY 10022
Far Peak Llc 10 percent owner 480 6TH AVE, #342, NEW YORK NY 10011