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Far Peak Acquisition (Far Peak Acquisition) Equity-to-Asset : 0.98 (As of Dec. 2022)


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What is Far Peak Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Far Peak Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $595.26 Mil. Far Peak Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $608.92 Mil.

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

FPAC'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.

Far Peak Acquisition Equity-to-Asset Historical Data

The historical data trend for Far Peak 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.

Far Peak Acquisition Equity-to-Asset Chart

Far Peak Acquisition Annual Data
Trend Sep21 Sep22
Equity-to-Asset
0.89 0.97

Far Peak Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.87 0.89 0.97 0.97 0.98

Competitive Comparison of Far Peak Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Far Peak 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.


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

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

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



Far Peak 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.

Far Peak Acquisition's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=588.098/604.988
=

Far Peak Acquisition's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=595.264/608.922
=

* 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.


Far Peak Acquisition  (NYSE:FPAC) 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%.


Far Peak Acquisition Equity-to-Asset Related Terms

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


Far Peak Acquisition (Far Peak Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
511 6th Avenue, No. 7342, New York, NY, USA, 10011
Far Peak Acquisition Corp is a blank check company. It is 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.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Charles A Vice director 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Thomas W Farley director, officer: CEO, President and Chairman C/O: INTERCONTINENTALEXCHANGE, INC., 2100 RIVEREDGE PARKWAY, STE. 500, ATLANTA GA 30328
Stanley A Mcchrystal director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Bonanno director, officer: CFO and Secretary 390 PARK AVENUE, NEW YORK NY 10022
Far Peak Llc 10 percent owner 480 6TH AVE, #342, NEW YORK NY 10011