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FS Credit Opp (FS Credit Opp) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is FS Credit Opp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FS Credit Opp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,372.6 Mil. FS Credit Opp's Total Assets for the quarter that ended in Dec. 2023 was $2,086.6 Mil. Therefore, FS Credit Opp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

The historical rank and industry rank for FS Credit Opp's Equity-to-Asset or its related term are showing as below:

FSCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.64   Max: 0.66
Current: 0.66

During the past 2 years, the highest Equity to Asset Ratio of FS Credit Opp was 0.66. The lowest was 0.62. And the median was 0.64.

FSCO's Equity-to-Asset is ranked worse than
67.9% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs FSCO: 0.66

FS Credit Opp Equity-to-Asset Historical Data

The historical data trend for FS Credit Opp'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.

FS Credit Opp Equity-to-Asset Chart

FS Credit Opp Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.62 0.66

FS Credit Opp Semi-Annual Data
Dec22 Jun23 Dec23
Equity-to-Asset 0.62 0.63 0.66

Competitive Comparison of FS Credit Opp's Equity-to-Asset

For the Asset Management subindustry, FS Credit Opp'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.


FS Credit Opp's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FS Credit Opp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where FS Credit Opp's Equity-to-Asset falls into.



FS Credit Opp 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.

FS Credit Opp'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
=1372.551/2086.588
=0.66

FS Credit Opp'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
=1372.551/2086.588
=0.66

* 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.


FS Credit Opp  (NYSE:FSCO) 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%.


FS Credit Opp Equity-to-Asset Related Terms

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


FS Credit Opp (FS Credit Opp) Business Description

Traded in Other Exchanges
N/A
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS Credit Opp Corp. is a closed-end management investment company. The Fund's primary investment objective is to generate an attractive total return consisting of a high level of current income and capital appreciation, with a secondary objective of capital preservation. The Fund seeks to achieve its investment objectives by focusing on strategies such as Opportunistic Credit (including event-driven and market price inefficiencies), Special Situations, and Capital Structure Solutions.
Executives
Hughes Philip E Jr director 3936 NETHERFIELD ROAD, PHILADELPHIA PA 19129
Della Clark director 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fsh Seed Capital Vehicle I Llc other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Franklin Square Holdings, L.p. other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David J. Adelman other: Investment Adviser Affiliate CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Michael C. Forman director, officer: Chief Executive Officer CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Nix Robert N.c. Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Keith Bethel director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Gallivan Edward T Jr officer: Chief Financial Officer C/O FS ENERGY AND POWER FUND, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Hans Nicholas Heilbut other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael John Kelly other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David Weiser other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Andrew Beckman other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Sean K Coleman other: Investment Committee Member C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104