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Bite Acquisition (Bite Acquisition) Debt-to-Asset : 0.04 (As of Mar. 2024)


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What is Bite Acquisition Debt-to-Asset?

Bite Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.00 Mil. Bite Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Bite Acquisition's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $25.61 Mil. Bite Acquisition's debt to asset for the quarter that ended in Mar. 2024 was 0.04.

Bite Acquisition Debt-to-Asset Historical Data

The historical data trend for Bite Acquisition'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.

* Premium members only.

Bite Acquisition Debt-to-Asset Chart

Bite Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.31 - 0.01 0.03

Bite Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.03 0.03 0.04

Competitive Comparison of Bite Acquisition's Debt-to-Asset

For the Shell Companies subindustry, Bite Acquisition'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.

Bite Acquisition's Debt-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Bite Acquisition's Debt-to-Asset falls into.


Bite Acquisition Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bite Acquisition's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(0.924 + 0) / 30.922
=0.03

Bite Acquisition's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.998 + 0) / 25.607
=0.04

* 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.

Bite Acquisition  (AMEX:BITE) 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.

Bite Acquisition Debt-to-Asset Related Terms

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Bite Acquisition (Bite Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bite Acquisition Corp (AMEX:BITE) » Definitions » Debt-to-Asset
Comparable Companies
GLLI EMCG WRAC BLEU ALTU MOBV NRAC WEL AACI DISA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
BITE.U:USA
Address
30 West Street, No. 28 F, New York, NY, USA, 10004
Website
https://www.biteacquisitioncorp.com
Bite Acquisition Corp is a blank check company.
Executives
Julia A Stewart director 4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Joseph C. Essa director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Smart Dine, Llc 10 percent owner 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Axel Molet Warschawski officer: Chief Financial Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Randall Hiatt director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Alberto Ardura Gonzalez director, officer: Chief Executive Officer C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004
Gomez Rafael Felipe De Jesus Aguirre director C/O BITE ACQUISITION CORP., 30 WEST STREET, NO. 28F, NEW YORK NY 10004