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

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Equity-to-Asset : 0.97 (As of Dec. 2023)


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

What is FTAC Emerald Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FTAC Emerald Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.41 Mil. FTAC Emerald Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $165.96 Mil.

The historical rank and industry rank for FTAC Emerald Acquisition's Equity-to-Asset or its related term are showing as below:

EMLD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.96   Max: 0.97
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of FTAC Emerald Acquisition was 0.97. The lowest was 0.96. And the median was 0.96.

EMLD's Equity-to-Asset is ranked better than
88.01% of 617 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs EMLD: 0.97

FTAC Emerald Acquisition Equity-to-Asset Historical Data

The historical data trend for FTAC Emerald Acquisition's Equity-to-Asset 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 Equity-to-Asset Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.96 0.96 0.97

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.96 0.92 0.97

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

For the Shell Companies subindustry, FTAC Emerald Acquisition's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



FTAC Emerald Acquisition Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.41/165.959
=

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.41/165.959
=

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


FTAC Emerald Acquisition Equity-to-Asset Related Terms

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


FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

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