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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Liabilities-to-Assets : 0.46 (As of Aug. 2020)


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What is FirstMark Horizon 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. FirstMark Horizon Acquisition's Total Liabilities for the quarter that ended in Aug. 2020 was $0.02 Mil. FirstMark Horizon Acquisition's Total Assets for the quarter that ended in Aug. 2020 was $0.04 Mil. Therefore, FirstMark Horizon Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2020 was 0.46.

FirstMark Horizon Acquisition Liabilities-to-Assets Historical Data

The historical data trend for FirstMark Horizon 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.

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FirstMark Horizon Acquisition Liabilities-to-Assets Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Liabilities-to-Assets
0.16

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Liabilities-to-Assets 0.46

Competitive Comparison of FirstMark Horizon Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, FirstMark Horizon 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.

FirstMark Horizon Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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


FirstMark Horizon 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.

FirstMark Horizon Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

FirstMark Horizon Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2020 is calculated as

Liabilities-to-Assets (Q: Aug. 2020 )=Total Liabilities/Total Assets
=0.018/0.039
=0.46

* 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.

FirstMark Horizon Acquisition  (NYSE:FMAC) 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.

FirstMark Horizon Acquisition Liabilities-to-Assets Related Terms

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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FirstMark Horizon Acquisition Corp (NYSE:FMAC) » Definitions » Liabilities-to-Assets
Comparable Companies
TCVA VGII IMPX PDOT PACX EPHY COOL CTAQ TLGA FCAX GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
Website
https://www.firstmarkhorizon.com
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011