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WPF.WS (Foley Trasimene Acquisition) Liabilities-to-Assets : 0.14 (As of Mar. 2021)


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What is Foley Trasimene 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. Foley Trasimene Acquisition's Total Liabilities for the quarter that ended in Mar. 2021 was $142.77 Mil. Foley Trasimene Acquisition's Total Assets for the quarter that ended in Mar. 2021 was $1,036.40 Mil. Therefore, Foley Trasimene Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.14.


Foley Trasimene Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Foley Trasimene 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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Foley Trasimene Acquisition Liabilities-to-Assets Chart

Foley Trasimene Acquisition Annual Data
Trend Dec20
Liabilities-to-Assets
0.21

Foley Trasimene Acquisition Semi-Annual Data
Mar20 Jun20 Sep20 Dec20 Mar21
Liabilities-to-Assets 0.92 0.04 0.04 0.21 0.14

Competitive Comparison of Foley Trasimene Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Foley Trasimene 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.


Foley Trasimene Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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


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Foley Trasimene 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.

Foley Trasimene Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=221.018/1036.571
=0.21

Foley Trasimene Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )=Total Liabilities/Total Assets
=142.766/1036.401
=0.14

* 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.WS) 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.


Foley Trasimene Acquisition Liabilities-to-Assets Related Terms

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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.

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