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Forge Global Holdings (Forge Global Holdings) Equity-to-Asset : 0.85 (As of Dec. 2023)


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What is Forge Global Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forge Global Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $263.51 Mil. Forge Global Holdings's Total Assets for the quarter that ended in Dec. 2023 was $310.73 Mil. Therefore, Forge Global Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

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

FRGE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.75   Max: 0.88
Current: 0.85

During the past 5 years, the highest Equity to Asset Ratio of Forge Global Holdings was 0.88. The lowest was 0.32. And the median was 0.75.

FRGE's Equity-to-Asset is ranked better than
90.18% of 2841 companies
in the Software industry
Industry Median: 0.55 vs FRGE: 0.85

Forge Global Holdings Equity-to-Asset Historical Data

The historical data trend for Forge Global Holdings'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.

Forge Global Holdings Equity-to-Asset Chart

Forge Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.32 0.58 0.75 0.88 0.85

Forge Global Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.90 0.89 0.88 0.85

Competitive Comparison of Forge Global Holdings's Equity-to-Asset

For the Software - Application subindustry, Forge Global Holdings'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.


Forge Global Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Forge Global Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Forge Global Holdings's Equity-to-Asset falls into.



Forge Global Holdings 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.

Forge Global Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=263.512/310.731
=0.85

Forge Global Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=263.512/310.731
=0.85

* 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.


Forge Global Holdings  (NYSE:FRGE) 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%.


Forge Global Holdings Equity-to-Asset Related Terms

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


Forge Global Holdings (Forge Global Holdings) Business Description

Traded in Other Exchanges
N/A
Address
415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105
Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.
Executives
Kelly Rodriques director, officer: Chief Executive Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short officer: Chief Legal Officer 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii director 1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos officer: Chief Operating Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche 10 percent owner
Mark P Lee officer: Chief Financial Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste director, officer: CFO and Director C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc 10 percent owner 7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron director C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708

Forge Global Holdings (Forge Global Holdings) Headlines