IOACW (Innovative International Acquisition) Debt-to-Asset : 0.10 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IOACW Innovative International Acquisition Corp IOACW
22 GF Score
Price $0.05
! 1 Warning Sign
View Full Analysis

What is Innovative International Acquisition Debt-to-Asset?

Innovative International Acquisition IOACW +31.58% 22 Debt-to-Asset is 0.10 as of Sep. 2023. GuruFocus rates IOACW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Innovative International Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.03 Mil. Innovative International Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Innovative International Acquisition's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $30.79 Mil. Innovative International Acquisition's debt to asset for the quarter that ended in Sep. 2023 was 0.10.

Innovative International Acquisition  (NAS:IOACW) 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.

Innovative International Acquisition Debt-to-Asset Related Terms

Innovative International Acquisition Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Innovative International 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.

Innovative International Acquisition Debt-to-Asset Chart

Innovative International Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Asset
0.00 0.00

Innovative International Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.05 0.07 0.10

IOACW vs MITA, THCP, CSLM: Debt-to-Asset Comparison

For the Shell Companies subindustry, Innovative International 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.

Innovative International Acquisition Debt-to-Asset vs Diversified Financial Services Industry

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

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


IOACW
22GF Score
Innovative International Acquisition Corp IOACW
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative International Acquisition Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Innovative International Acquisition'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
=(0.5 + 0) / 238.209
=0.00

Innovative International Acquisition's Debt-to-Asset for the quarter that ended in Sep. 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
=(3.028 + 0) / 30.791
=0.10

* 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 0.10 mean?
Innovative International Acquisition (IOACW) has a Debt-to-Asset of 0.10 as of Sep. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Innovative International Acquisition and its competitors.
Is Innovative International Acquisition's Debt-to-Asset too high?
Innovative International Acquisition's current Debt-to-Asset is 0.10. Overall, Innovative International Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Innovative International Acquisition's Debt-to-Asset compare to MITA and THCP?
Innovative International Acquisition's Debt-to-Asset of 0.10 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 Innovative International Acquisition and its competitors. Innovative International Acquisition's current Debt-to-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative International Acquisition stock overvalued right now?
Innovative International Acquisition (IOACW) has a current Debt-to-Asset of 0.10. The current Debt-to-Asset is 0.10. Innovative International Acquisition's overall GF Score™ is 22/100 with 1 warning sign 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 Innovative International Acquisition (IOACW), the current Debt-to-Asset is 0.10 as of Sep. 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.

Innovative International Acquisition Business Description

Address 24681 La Plaza, Suite 300, Dana Point, CA, USA, 92629
Innovative International Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
22GF Score

Get the complete analysis for IOACW

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

$0.05
Price