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Finserv Acquisition II (Finserv Acquisition II) Equity-to-Asset : -0.27 (As of Sep. 2023)


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What is Finserv Acquisition II Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Finserv Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.97 Mil. Finserv Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $10.99 Mil.

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

FSRX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.27   Med: 0.94   Max: 0.96
Current: -0.27

During the past 3 years, the highest Equity to Asset Ratio of Finserv Acquisition II was 0.96. The lowest was -0.27. And the median was 0.94.

FSRX's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs FSRX: -0.27

Finserv Acquisition II Equity-to-Asset Historical Data

The historical data trend for Finserv Acquisition II'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.

Finserv Acquisition II Equity-to-Asset Chart

Finserv Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.71 0.95 0.96

Finserv Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.77 0.74 -0.27

Competitive Comparison of Finserv Acquisition II's Equity-to-Asset

For the Shell Companies subindustry, Finserv Acquisition II'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.


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

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

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



Finserv Acquisition II 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.

Finserv Acquisition II'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
=293.11/304.154
=

Finserv Acquisition II's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-2.965/10.99
=

* 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.


Finserv Acquisition II  (NAS:FSRX) 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%.


Finserv Acquisition II Equity-to-Asset Related Terms

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


Finserv Acquisition II (Finserv Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, New York, NY, USA, 10105
Finserv Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Robert Matza director
Keating Valerie Soranno director C/O CPI CARD GROUP INC., 10026 WEST SAN JUAN WAY, LITTLETON CO 80127
Lee Einbinder director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Kurz director, officer: President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David A Smilow director
Finserv Holdings Ii Llc director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Steven Handwerker officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Brian Vaughan director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Finserv Acquisition II (Finserv Acquisition II) Headlines

From GuruFocus

Finserv Acquisition Corp Ii (FSRXU) CEO Lee Einbinder Bought $8 million of Shares

By GuruFocus Research GuruFocus Editor 02-24-2021