Finserv Acquisition II (Finserv Acquisition II) Debt-to-Equity : -0.04 (As of Sep. 2023)

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What is Finserv Acquisition II Debt-to-Equity?

Finserv Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.13 Mil. Finserv Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Finserv Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.97 Mil. Finserv Acquisition II's debt to equity for the quarter that ended in Sep. 2023 was -0.04.

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

FSRX' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.04 Med: 0.17 Max: 0.38
Current: -0.04

During the past 3 years, the highest Debt-to-Equity Ratio of Finserv Acquisition II was 0.38. The lowest was -0.04. And the median was 0.17.

FSRX's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs FSRX: -0.04

Finserv Acquisition II Debt-to-Equity Historical Data

The historical data trend for Finserv Acquisition II'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.

Finserv Acquisition II Debt-to-Equity Chart

Finserv Acquisition II Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.38

Finserv Acquisition II Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	-	-0.04

Competitive Comparison of Finserv Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, Finserv Acquisition II'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.

Finserv Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Finserv Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Finserv Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0	+	0)	/	293.11
	=	0.00

Finserv Acquisition II's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.125	+	0)	/	-2.965
	=	-0.04

Finserv Acquisition II (NAS:FSRX) 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.

Finserv Acquisition II Debt-to-Equity Related Terms

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

Finserv Acquisition II (Finserv Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Finserv Acquisition Corp II (NAS:FSRX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, New York, NY, USA, 10105

Website

https://www.finservacquisition.com

Finserv Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

Executives

Robert Matza	director
Keating Valerie Soranno	director	C/O CPI CARD GROUP INC., 10026 WEST SAN JUAN WAY, LITTLETON CO 80127
Lee Einbinder	director, 10 percent owner, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Kurz	director, officer: President	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David A Smilow	director
Finserv Holdings Ii Llc	director, 10 percent owner, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Steven Handwerker	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Brian Vaughan	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Finserv Acquisition II (Finserv Acquisition II) Headlines

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