GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Freedom Acquisition I Corp (NYSE:FACT) » Definitions » Liabilities-to-Assets

Freedom Acquisition I (Freedom Acquisition I) Liabilities-to-Assets : 0.13 (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Freedom Acquisition I 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. Freedom Acquisition I's Total Liabilities for the quarter that ended in Mar. 2023 was $15.37 Mil. Freedom Acquisition I's Total Assets for the quarter that ended in Mar. 2023 was $116.62 Mil. Therefore, Freedom Acquisition I's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.13.


Freedom Acquisition I Liabilities-to-Assets Historical Data

The historical data trend for Freedom Acquisition I'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.

Freedom Acquisition I Liabilities-to-Assets Chart

Freedom Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
0.84 0.07 0.03

Freedom Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.05 0.03 0.13

Competitive Comparison of Freedom Acquisition I's Liabilities-to-Assets

For the Shell Companies subindustry, Freedom Acquisition I'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.


Freedom Acquisition I's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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



Freedom Acquisition I 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.

Freedom Acquisition I's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=11.684/350.121
=0.03

Freedom Acquisition I's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=15.373/116.619
=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.


Freedom Acquisition I  (NYSE:FACT) 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.


Freedom Acquisition I Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Freedom Acquisition I's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Freedom Acquisition I (Freedom Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
14 Wall Street, 20th Floor, New York, NY, USA, 10005
Freedom Acquisition I Corp is a blank check company.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036

Freedom Acquisition I (Freedom Acquisition I) Headlines

From GuruFocus