Figure Acquisition Corp. I

NYSE:FACA Stock Report

Market Cap: US$412.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Figure Acquisition I Balance Sheet Health

Financial Health criteria checks 3/6

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$302.40k
Equity-US$10.81m
Total liabilitiesUS$300.26m
Total assetsUS$289.46m

Recent financial health updates

Recent updates

Figure Acquisition intends combination with a large warehouse lender and bank holding company

Dec 09

Financial Position Analysis

Short Term Liabilities: FACA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FACA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FACA is debt free.

Reducing Debt: FACA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: FACA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FACA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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