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FXCO (Financial Strategies Acquisition) Debt-to-Equity : 0.01 (As of Sep. 2022)


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What is Financial Strategies Acquisition Debt-to-Equity?

Financial Strategies Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Financial Strategies Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.66 Mil. Financial Strategies Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $100.04 Mil. Financial Strategies Acquisition's debt to equity for the quarter that ended in Sep. 2022 was 0.01.

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

FXCO's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Financial Strategies Acquisition Debt-to-Equity Historical Data

The historical data trend for Financial Strategies 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.

Financial Strategies Acquisition Debt-to-Equity Chart

Financial Strategies Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-Equity
22.50 0.01

Financial Strategies Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial 22.75 0.01 0.01 0.01 0.01

Competitive Comparison of Financial Strategies Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Financial Strategies 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.

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

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

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


Financial Strategies Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financial Strategies Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 + 0.45) / 92.178
=0.00

Financial Strategies Acquisition's Debt to Equity Ratio for the quarter 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 + 0.655) / 100.038
=0.01

* 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.

Financial Strategies Acquisition  (OTCPK:FXCO) 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.

Financial Strategies Acquisition Debt-to-Equity Related Terms

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

Financial Strategies Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Strategies Acquisition Corp (OTCPK:FXCO) » Definitions » Debt-to-Equity
Comparable Companies
EUCR AEHA LMAO AOGO GLEE ENCP VSAC OTRA OTEC JMAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2626 Cole Avenue, Suite 300, Dallas, TX, USA, 75204
Website
Financial Strategies Acquisition Corp is a blank check company.
Executives
Daniel Minkowitz director 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Timo Vainionpaa director, officer: Interim CEO 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Jamal Khurshid director, officer: Chief Executive Officer BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ
Fsc Sponsor Llc 10 percent owner C/O CELTIC ASSET & EQUITY PARTNERS, LTD., 2626 COLE AVENUE SUITE 300, DALLAS TX 75204
Stefan Nolte director 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Jeffrey Peel director 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Celtic Asset & Equity Partners, Ltd. 10 percent owner 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Horst Rzepka director, officer: Chief Financial Officer 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Alexander V Schinzing 10 percent owner 2626 COLE AVE, SUITE 300, DALLAS TX 75204
James Needham director 2626 COLE AVE, SUITE 300, DALLAS TX 75204
Caliente Management L.l.c. 10 percent owner 2626 COLE AVE, SUITE 300, DALLAS TX 75204