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Freedom Acquisition I (Freedom Acquisition I) Equity-to-Asset : 0.87 (As of Mar. 2023)


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What is Freedom Acquisition I Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freedom Acquisition I's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $101.25 Mil. Freedom Acquisition I's Total Assets for the quarter that ended in Mar. 2023 was $116.62 Mil.

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

FACT's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.82
* Ranked among companies with meaningful Equity-to-Asset only.

Freedom Acquisition I Equity-to-Asset Historical Data

The historical data trend for Freedom Acquisition I'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.

Freedom Acquisition I Equity-to-Asset Chart

Freedom Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.16 0.93 0.97

Freedom Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.94 0.95 0.97 0.87

Competitive Comparison of Freedom Acquisition I's Equity-to-Asset

For the Shell Companies subindustry, Freedom Acquisition I'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.


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

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

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



Freedom Acquisition I 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.

Freedom Acquisition I's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=338.437/350.121
=

Freedom Acquisition I's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=101.246/116.619
=

* 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.


Freedom Acquisition I  (NYSE:FACT) 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%.


Freedom Acquisition I Equity-to-Asset Related Terms

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


Freedom Acquisition I (Freedom Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
14 Wall Street, 20th Floor, New York, NY, USA, 10005
Freedom Acquisition I Corp is a blank check company.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036

Freedom Acquisition I (Freedom Acquisition I) Headlines

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