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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Equity-to-Asset : 0.54 (As of Aug. 2020)


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What is FirstMark Horizon Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FirstMark Horizon Acquisition's Total Stockholders Equity for the quarter that ended in Aug. 2020 was $0.02 Mil. FirstMark Horizon Acquisition's Total Assets for the quarter that ended in Aug. 2020 was $0.04 Mil.

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

FMAC'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.

FirstMark Horizon Acquisition Equity-to-Asset Historical Data

The historical data trend for FirstMark Horizon 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.

FirstMark Horizon Acquisition Equity-to-Asset Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Equity-to-Asset
0.84

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Equity-to-Asset 0.54

Competitive Comparison of FirstMark Horizon Acquisition's Equity-to-Asset

For the Shell Companies subindustry, FirstMark Horizon 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.

FirstMark Horizon Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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


FirstMark Horizon 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.

FirstMark Horizon Acquisition's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

FirstMark Horizon Acquisition's Equity to Asset Ratio for the quarter that ended in Aug. 2020 is calculated as

Equity to Asset (Q: Aug. 2020 )=Total Stockholders Equity/Total Assets
=0.021/0.039
=

* 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.

FirstMark Horizon Acquisition  (NYSE:FMAC) 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%.

FirstMark Horizon Acquisition Equity-to-Asset Related Terms

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

FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FirstMark Horizon Acquisition Corp (NYSE:FMAC) » Definitions » Equity-to-Asset
Comparable Companies
TCVA VGII IMPX PDOT PACX EPHY COOL CTAQ TLGA FCAX GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
Website
https://www.firstmarkhorizon.com
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011