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Fortress Capital Acquisition (Fortress Capital Acquisition) Equity-to-Asset : 0.96 (As of Sep. 2022)


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What is Fortress Capital Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortress Capital Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $386.91 Mil. Fortress Capital Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $402.78 Mil.

The historical rank and industry rank for Fortress Capital Acquisition's Equity-to-Asset or its related term are showing as below:

FCAX's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Fortress Capital Acquisition Equity-to-Asset Historical Data

The historical data trend for Fortress Capital Acquisition's Equity-to-Asset 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.

Fortress Capital Acquisition Equity-to-Asset Chart

Fortress Capital Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.02 0.93

Fortress Capital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.92 0.93 0.95 0.96 0.96

Competitive Comparison of Fortress Capital Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Fortress Capital Acquisition's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Fortress Capital Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Fortress Capital Acquisition's Equity-to-Asset falls into.



Fortress Capital Acquisition Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Fortress Capital Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=373.294/401.551
=

Fortress Capital Acquisition's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=386.907/402.782
=

* 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.


Fortress Capital Acquisition  (NYSE:FCAX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Fortress Capital Acquisition Equity-to-Asset Related Terms

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


Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
Fortress Capital Acquisition Corp is a blank check company.
Executives
Gary Kalk director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: Chief Executive Officer 799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

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