GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foley Trasimene Acquisition Corp (NYSE:WPF) » Definitions » Equity-to-Asset

Foley Trasimene Acquisition (Foley Trasimene Acquisition) Equity-to-Asset : 0.86 (As of Mar. 2021)


View and export this data going back to 2020. Start your Free Trial

What is Foley Trasimene Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foley Trasimene Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $893.64 Mil. Foley Trasimene Acquisition's Total Assets for the quarter that ended in Mar. 2021 was $1,036.40 Mil.

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

WPF'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.

Foley Trasimene Acquisition Equity-to-Asset Historical Data

The historical data trend for Foley Trasimene 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.

Foley Trasimene Acquisition Equity-to-Asset Chart

Foley Trasimene Acquisition Annual Data
Trend Dec20
Equity-to-Asset
0.79

Foley Trasimene Acquisition Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21
Equity-to-Asset 0.08 0.96 0.97 0.79 0.86

Competitive Comparison of Foley Trasimene Acquisition's Equity-to-Asset

For the Shell Companies subindustry, Foley Trasimene 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.


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

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

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



Foley Trasimene 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.

Foley Trasimene Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=815.553/1036.571
=

Foley Trasimene Acquisition's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=893.635/1036.401
=

* 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.


Foley Trasimene Acquisition  (NYSE:WPF) 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%.


Foley Trasimene Acquisition Equity-to-Asset Related Terms

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


Foley Trasimene Acquisition (Foley Trasimene Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1701 Village Center Circle, Las Vegas, NV, USA, 89134
Website
Foley Trasimene Acquisition Corp is a blank check company.

Foley Trasimene Acquisition (Foley Trasimene Acquisition) Headlines

From GuruFocus

Foley Trasimene Acquisition Corp (WPF) CEO Richard N Massey Bought $99,000 of Shares

By GuruFocus Research GuruFocus Editor 06-29-2021

Foley Trasimene Acquisition Corp. and Alight Solutions Announce Merger

By Business Wire Business Wire 01-25-2021

Cannae Holdings, Inc. Buys Foley Trasimene Acquisition Corp

By GuruFocus Research GuruFocus Editor 08-25-2021