GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Debt-to-Equity

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Debt-to-Equity : 0.01 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is FTAC Emerald Acquisition Debt-to-Equity?

FTAC Emerald Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.03 Mil. FTAC Emerald Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. FTAC Emerald Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.41 Mil. FTAC Emerald Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 FTAC Emerald Acquisition's Debt-to-Equity or its related term are showing as below:

EMLD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of FTAC Emerald Acquisition was 0.01. The lowest was 0.01. And the median was 0.01.

EMLD's Debt-to-Equity is ranked better than
99.67% of 299 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs EMLD: 0.01

FTAC Emerald Acquisition Debt-to-Equity Historical Data

The historical data trend for FTAC Emerald Acquisition'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.

* Premium members only.

FTAC Emerald Acquisition Debt-to-Equity Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.01

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 0.01 0.01 0.01

Competitive Comparison of FTAC Emerald Acquisition's Debt-to-Equity

For the Shell Companies subindustry, FTAC Emerald Acquisition'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.

FTAC Emerald Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FTAC Emerald Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FTAC Emerald Acquisition's Debt-to-Equity falls into.


FTAC Emerald Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FTAC Emerald Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.025 + 0) / 161.41
=0.01

FTAC Emerald Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.025 + 0) / 161.41
=0.01

* 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.

FTAC Emerald Acquisition  (NAS:EMLD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FTAC Emerald Acquisition Debt-to-Equity Related Terms

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

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Debt-to-Equity
Comparable Companies
CNDA KCGI APGB RRAC NFNT FRBN CXAC SVII NETD IPXX PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Emerald Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, with one or more businesses or assets.
Executives
Emerald Esg Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Therese Rein director GPO BOX 3208, BRISBANE C3 4000
Betsy Z Cohen director, 10 percent owner
Lisa M Shalett director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Andrew Hohns director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Tensie Whelan director C/O INVESTINDUSTRIAL, INC., 11-12 ST. JAMES SQUARE, 3RD FLOOR, LONDON X0 SW1Y 4LB
Mark R Tercek director
Young Bracebridge H Jr officer: President and CEO 35 WYKEHAM RD, NEWTON MA 02465
Emerald Esg Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104