GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Strategies Acquisition Corp (OTCPK:FXCO) » Definitions » Equity-to-Asset

Financial Strategies Acquisition (Financial Strategies Acquisition) Equity-to-Asset : 0.98 (As of Sep. 2022)


View and export this data going back to 2022. Start your Free Trial

What is Financial Strategies Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Financial Strategies Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $100.04 Mil. Financial Strategies Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $101.89 Mil.

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

FXCO'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.

Financial Strategies Acquisition Equity-to-Asset Historical Data

The historical data trend for Financial Strategies 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.

Financial Strategies Acquisition Equity-to-Asset Chart

Financial Strategies Acquisition Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.04 0.90

Financial Strategies Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.04 0.90 0.97 0.98 0.98

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

For the Shell Companies subindustry, Financial Strategies 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.

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

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

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


Financial Strategies 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.

Financial Strategies 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
=92.178/102.242
=

Financial Strategies 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
=100.038/101.89
=

* 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) 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%.

Financial Strategies Acquisition Equity-to-Asset Related Terms

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

Financial Strategies Acquisition (Financial Strategies Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Strategies Acquisition Corp (OTCPK:FXCO) » Definitions » Equity-to-Asset
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