FXAC (FortuneX Acquisition) Equity-to-Asset: 0.84 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FXAC FortuneX Acquisition Corp FXAC
8 GF Score
Price $10.10
View Full Analysis

What is FortuneX Acquisition Equity-to-Asset?

FortuneX Acquisition FXAC +0.20% 8 Equity-to-Asset is 0.84 as of Mar. 2026. GuruFocus rates FXAC with a GF Score™ of 8/100. Among 542 Diversified Financial Services companies, FortuneX Acquisition ranks worse than 184501.66% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FortuneX Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.02 Mil. FortuneX Acquisition's Total Assets for the quarter that ended in Mar. 2026 was $0.03 Mil.

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

FXAC's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.9
* Ranked among companies with meaningful Equity-to-Asset only.

FortuneX Acquisition  (NAS:FXAC) 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%.


FortuneX Acquisition Equity-to-Asset Related Terms


FortuneX Acquisition Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for FortuneX 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.

FortuneX Acquisition Equity-to-Asset Chart

FortuneX Acquisition Annual Data
Trend Mar26
Equity-to-Asset
0.84

FortuneX Acquisition Semi-Annual Data
Mar26
Equity-to-Asset 0.84

FXAC vs IPEX, PCSC, VECA: Equity-to-Asset Comparison

For the Shell Companies subindustry, FortuneX 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.


FortuneX Acquisition Equity-to-Asset vs Diversified Financial Services Industry

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

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


FXAC
8GF Score
FortuneX Acquisition Corp FXAC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FortuneX 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.

FortuneX Acquisition's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=0.021/0.025
=

FortuneX Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=0.021/0.025
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.84 mean?
FortuneX Acquisition (FXAC) has a Equity-to-Asset of 0.84 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on FortuneX Acquisition and its competitors. According to the industry distribution chart, FortuneX Acquisition ranks #999999 out of 542 companies in the Diversified Financial Services industry.
Is FortuneX Acquisition's Equity-to-Asset too high?
FortuneX Acquisition's current Equity-to-Asset is 0.84. The Diversified Financial Services industry median Equity-to-Asset is 0.90. FortuneX Acquisition's value of 0.84 is 6.7% below this industry median. Based on the distribution chart, FortuneX Acquisition ranks #999999 out of 542 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, FortuneX Acquisition has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does FortuneX Acquisition's Equity-to-Asset compare to IPEX and PCSC?
According to the Diversified Financial Services industry distribution chart, FortuneX Acquisition ranks #999999 out of 542 companies for Equity-to-Asset. This places FortuneX Acquisition in the lower half of its industry. The industry median Equity-to-Asset is 0.90. FortuneX Acquisition's value of 0.84 is 6.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.90, based on 542 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FortuneX Acquisition's current Equity-to-Asset of 0.84 is 6.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on FortuneX Acquisition and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FortuneX Acquisition's current Equity-to-Asset is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FortuneX Acquisition stock overvalued right now?
FortuneX Acquisition (FXAC) has a current Equity-to-Asset of 0.84. The current Equity-to-Asset is 0.84 and 6.7% below the Diversified Financial Services industry median of 0.90. FortuneX Acquisition's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For FortuneX Acquisition (FXAC), the current Equity-to-Asset is 0.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FortuneX Acquisition Business Description

Address 1185 Avenue of the Americas, 3rd Floor, New York, NY, USA, 10036
FortuneX Acquisition Corp is a blank check company 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.
8GF Score

Get the complete analysis for FXAC

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.10
Price