ASPAW (Abri SPAC I) Debt-to-Asset : 0.23 (As of Jun. 2023)

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ASPAW Abri SPAC I Inc ASPAW
19 GF Score
Price $0.09
! 3 Warning Signs
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What is Abri SPAC I Debt-to-Asset?

Abri SPAC I ASPAW 19 Debt-to-Asset is 0.23 as of Jun. 2023. GuruFocus rates ASPAW with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

Abri SPAC I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Abri SPAC I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.23 Mil. Abri SPAC I's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $13.92 Mil. Abri SPAC I's debt to asset for the quarter that ended in Jun. 2023 was 0.23.

Abri SPAC I  (NAS:ASPAW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Abri SPAC I Debt-to-Asset Related Terms

Abri SPAC I Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Abri SPAC I's Debt-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.

Abri SPAC I Debt-to-Asset Chart

Abri SPAC I Annual Data
Trend Dec21 Dec22
Debt-to-Asset
0.00 0.18

Abri SPAC I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.18 0.21 0.23

ASPAW vs MACA, KYCH, NVAC: Debt-to-Asset Comparison

For the Shell Companies subindustry, Abri SPAC I's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Abri SPAC I Debt-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Abri SPAC I's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Abri SPAC I's Debt-to-Asset falls into.


ASPAW
19GF Score
Abri SPAC I Inc ASPAW
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Abri SPAC I Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Abri SPAC I's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 2.397) / 13.475
=0.18

Abri SPAC I's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 3.234) / 13.915
=0.23

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.23 mean?
Abri SPAC I (ASPAW) has a Debt-to-Asset of 0.23 as of Jun. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Abri SPAC I and its competitors.
Is Abri SPAC I's Debt-to-Asset too high?
Abri SPAC I's current Debt-to-Asset is 0.23. Overall, Abri SPAC I has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Abri SPAC I's Debt-to-Asset compare to MACA and KYCH?
Abri SPAC I's Debt-to-Asset of 0.23 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Diversified Financial Services company?
A good Debt-to-Asset depends on the Diversified Financial Services industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Abri SPAC I and its competitors. Abri SPAC I's current Debt-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abri SPAC I stock overvalued right now?
Abri SPAC I (ASPAW) has a current Debt-to-Asset of 0.23. The current Debt-to-Asset is 0.23. Abri SPAC I's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Abri SPAC I (ASPAW), the current Debt-to-Asset is 0.23 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abri SPAC I Business Description

Address 9663 Santa Monica Boulevard, No. 1091, Beverly Hills, CA, USA, 90210
Abri SPAC I Inc is a blank check company.
19GF Score

Get the complete analysis for ASPAW

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.09
Price