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FTAC Emerald Acquisition (FTAC Emerald Acquisition) Liabilities-to-Assets : 0.13 (As of Mar. 2024)


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What is FTAC Emerald 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. FTAC Emerald Acquisition's Total Liabilities for the quarter that ended in Mar. 2024 was $6.47 Mil. FTAC Emerald Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $51.53 Mil. Therefore, FTAC Emerald Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.13.


FTAC Emerald Acquisition Liabilities-to-Assets Historical Data

The historical data trend for FTAC Emerald 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.

* Premium members only.

FTAC Emerald Acquisition Liabilities-to-Assets Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.04 0.04 0.03

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.08 0.03 0.13

Competitive Comparison of FTAC Emerald Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, FTAC Emerald 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.


FTAC Emerald Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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



FTAC Emerald 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.

FTAC Emerald Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=4.549/165.959
=0.03

FTAC Emerald Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=6.473/51.53
=0.13

* 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) 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.


FTAC Emerald Acquisition Liabilities-to-Assets Related Terms

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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