FG Acquisition Corp.
FG Acquisition Corp. does not have significant operations. The company intends to effect an acquisition of one or more businesses or assets through a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination. It focuses on acquiring businesses in the financial services sector. The company was incorporated in 2021 an… Read more
FG Acquisition Corp. (FGAA-U) - Total Liabilities
Latest total liabilities as of June 2024: $22.59 Million USD
Based on the latest financial reports, FG Acquisition Corp. (FGAA-U) has total liabilities worth $22.59 Million USD as of June 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
FG Acquisition Corp. - Total Liabilities Trend (2021–2022)
This chart illustrates how FG Acquisition Corp.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
FG Acquisition Corp. Competitors by Total Liabilities
The table below lists competitors of FG Acquisition Corp. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Winston Gold Corp
PINK:WGMCF
|
USA | $9.34 Million |
|
SANATHAN TEXTILES LIMITED
NSE:SANATHAN
|
India | ₹22.33 Billion |
|
Brookfield Global Infrastructure Securities Income Fund
TO:BGI-UN
|
Canada | CA$21.49 Million |
|
ELRINGKLINGER N
MU:ZIL2
|
Germany | €1.09 Billion |
|
Siam Cement PCL
STU:TCM1
|
Germany | €494.06 Billion |
|
Forterra PLC
LSE:FORT
|
UK | GBX216.50 Million |
|
Mega Perintis Tbk PT
JK:ZONE
|
Indonesia | Rp322.51 Billion |
Liability Composition Analysis (2021–2022)
This chart breaks down FG Acquisition Corp.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.03 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 30.52 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how FG Acquisition Corp.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for FG Acquisition Corp. (2021–2022)
The table below shows the annual total liabilities of FG Acquisition Corp. from 2021 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $131.53 Million | +541201.42% |
| 2021-12-31 | $24.30K | -- |