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FTAC Hera Acquisition (FTAC Hera Acquisition) Debt-to-Equity : 0.00 (As of Sep. 2022)


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What is FTAC Hera Acquisition Debt-to-Equity?

FTAC Hera Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. FTAC Hera Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. FTAC Hera Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $823.85 Mil. FTAC Hera Acquisition's debt to equity for the quarter that ended in Sep. 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 FTAC Hera Acquisition's Debt-to-Equity or its related term are showing as below:

HERAU's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

FTAC Hera Acquisition Debt-to-Equity Historical Data

The historical data trend for FTAC Hera 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.

FTAC Hera Acquisition Debt-to-Equity Chart

FTAC Hera Acquisition Annual Data
Trend Dec21
Debt-to-Equity
-

FTAC Hera Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of FTAC Hera Acquisition's Debt-to-Equity

For the Shell Companies subindustry, FTAC Hera 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.

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

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

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


FTAC Hera Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FTAC Hera 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) / 801.132
=0.00

FTAC Hera 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) / 823.848
=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.

FTAC Hera Acquisition  (NAS:HERAU) 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.

FTAC Hera Acquisition Debt-to-Equity Related Terms

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

FTAC Hera Acquisition (FTAC Hera Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Hera Acquisition Corp (NAS:HERAU) » Definitions » Debt-to-Equity
Comparable Companies
CPUH PRPB CRHC GGPI VADP AUS CONX SCRM AAC SSDT GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Hera Acquisition Corp is a blank check company. It is formed 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
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Daniel G Cohen officer: President and CEO 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan director C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen director
Brittain Ezzes director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104

FTAC Hera Acquisition (FTAC Hera Acquisition) Headlines

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