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Fortress Capital Acquisition (Fortress Capital Acquisition) Liabilities-to-Assets : 0.04 (As of Sep. 2022)


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What is Fortress Capital Acquisition Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Fortress Capital Acquisition's Total Liabilities for the quarter that ended in Sep. 2022 was $15.88 Mil. Fortress Capital Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $402.78 Mil. Therefore, Fortress Capital Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 0.04.


Fortress Capital Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Fortress Capital Acquisition's Liabilities-to-Assets 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.

Fortress Capital Acquisition Liabilities-to-Assets Chart

Fortress Capital Acquisition Annual Data
Trend Dec20 Dec21
Liabilities-to-Assets
0.98 0.07

Fortress Capital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Liabilities-to-Assets Get a 7-Day Free Trial 0.08 0.07 0.05 0.04 0.04

Competitive Comparison of Fortress Capital Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Fortress Capital Acquisition's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Fortress Capital Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortress Capital Acquisition's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Fortress Capital Acquisition's Liabilities-to-Assets falls into.



Fortress Capital Acquisition Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Fortress Capital Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=28.257/401.551
=0.07

Fortress Capital Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=15.875/402.782
=0.04

* 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.


Fortress Capital Acquisition  (NYSE:FCAX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Fortress Capital Acquisition Liabilities-to-Assets Related Terms

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Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
Fortress Capital Acquisition Corp is a blank check company.
Executives
Gary Kalk director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: Chief Executive Officer 799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

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