What is Finance of America Debt-to-Equity?
Finance of America's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $928.5 Mil. Finance of America's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25,358.4 Mil. Finance of America's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $232.3 Mil.
Finance of America's debt to equity for the quarter that ended in Dec. 2023 was 113.16.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Finance of America's Debt-to-Equity or its related term are showing as below:
FOA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 29.32 Med: 65.75 Max: 113.16
Current: 113.16
During the past 5 years, the highest Debt-to-Equity Ratio of Finance of America was 113.16. The lowest was 29.32. And the median was 65.75.
Finance of America Debt-to-Equity Historical Data
The historical data trend for Finance of America's Debt-to-Equity 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.
Finance of America Debt-to-Equity Chart
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Finance of America Annual Data
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|
Trend |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
N/A |
29.32 |
52.33 |
79.16 |
113.16 |
|
Finance of America Quarterly Data
|
|
Dec19 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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|
|
|
|
|
|
|
|
|
79.16 |
86.90 |
113.86 |
156.30 |
113.16 |
Competitive Comparison of Finance of America's Debt-to-Equity
For the Credit Services subindustry, Finance of America's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Finance of America's Debt-to-Equity Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Finance of America's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Finance of America's Debt-to-Equity falls into.
Finance of America Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Finance of America's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Finance of America's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
Finance of America (Finance of America) Business Description
Traded in Other Exchanges
N/A
Address
5830 Granite Parkway, Suite 400, Plano, TX, USA, 75024
Finance of America Companies Inc provides a diverse selection of lending products and services. Its products include home loans, reverse mortgages, commercial loans and lender services. Its operating segments include Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management.
Executives
| Kristen N Sieffert |
officer: President |
C/O FINANCE OF AMERICA COMPANIES INC., 5830 GRANITE PARKWAY, SUITE 400, PLANO TX 75024 |
| Reza Jahangiri |
10 percent owner |
C/O AMERICAN ADVISORS GROUP, INC., 18200 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612 |
| Bloom Retirement Holdings Inc. |
10 percent owner |
3800 W. CHAPMAN AVENUE, THIRD FLOOR, ORANGE CA 92868 |
| Lauren Richmond |
officer: Chief Legal Officer |
C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039 |
| Blackstone Tactical Opportunities Fund - S - Nq L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Blackstone Tactical Opportunities Associates - Nq L.l.c. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Edmond Safra |
10 percent owner |
C/O REPLAY ACQUISITION CORP., 767 FIFTH AVENUE, 46TH FLOOR, NEW YORK NY 10153 |
| D1 Capital Partners L.p. |
10 percent owner |
9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019 |
| Patricia Cook |
director, officer: Chief Executive Officer |
C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039 |
| Graham Fleming |
officer: President |
C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039 |
| Brian L Libman |
director, 10 percent owner |
CLAYTON HOLDINGS, INC., 2 CORPORATE DRIVE, SHELTON CT 06484 |
| Johan Gericke |
officer: EVP, Chief Financial Officer |
C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039 |
| Blackstone Tactical Opportunities Fund - O - Nq L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Blackstone Tactical Opportunities Fund - L - Nq L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Blackstone Tactical Opportunities Fund - N - Nq L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
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