Forbion European Acquisition (Forbion European Acquisition) Debt-to-Equity : 0.03 (As of Sep. 2023)

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

What is Forbion European Acquisition Debt-to-Equity?

Forbion European Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.18 Mil. Forbion European Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Forbion European Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $123.58 Mil. Forbion European Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.03.

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

FRBNU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.03
Current: 0.03

During the past 2 years, the highest Debt-to-Equity Ratio of Forbion European Acquisition was 0.03. The lowest was 0.00. And the median was 0.02.

FRBNU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs FRBNU: 0.03

Forbion European Acquisition Debt-to-Equity Historical Data

The historical data trend for Forbion European 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.

Forbion European Acquisition Debt-to-Equity Chart

Forbion European Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Forbion European Acquisition Quarterly Data
	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	0.02	0.03

Competitive Comparison of Forbion European Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Forbion European 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.

Forbion European Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Forbion European Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forbion European Acquisition's Debt to Equity Ratio for the fiscal year 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)	/	127.422
	=	0.00

Forbion European Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4.18	+	0)	/	123.576
	=	0.03

Forbion European Acquisition (NAS:FRBNU) 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.

Forbion European Acquisition Debt-to-Equity Related Terms

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

Forbion European Acquisition (Forbion European Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Forbion European Acquisition Corp (NAS:FRBNU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807

Website

https://www.forbion.com

Forbion European Acquisition Corp is a blank check company.

Forbion European Acquisition (Forbion European Acquisition) Headlines

No Headlines