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MARX (Mars Acquisition) Debt-to-Asset : 0.02 (As of Jun. 2024)


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What is Mars Acquisition Debt-to-Asset?

Mars Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.45 Mil. Mars Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Mars Acquisition's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $23.10 Mil. Mars Acquisition's debt to asset for the quarter that ended in Jun. 2024 was 0.02.

Mars Acquisition Debt-to-Asset Historical Data

The historical data trend for Mars 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.

Mars Acquisition Debt-to-Asset Chart

Mars Acquisition Annual Data
Trend Sep21 Sep22 Sep23
Debt-to-Asset
1.82 1.11 -

Mars Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.02

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

For the Shell Companies subindustry, Mars 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.

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

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

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


Mars Acquisition Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mars Acquisition's Debt-to-Asset for the fiscal year 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
=(0 + 0) / 72.916
=0.00

Mars Acquisition's Debt-to-Asset for the quarter that ended in Jun. 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
=(0.452 + 0) / 23.101
=0.02

* 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.

Mars Acquisition  (NAS:MARX) 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.

Mars Acquisition Debt-to-Asset Related Terms

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Mars Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mars Acquisition Corp (NAS:MARX) » Definitions » Debt-to-Asset
Comparable Companies
GAMC HSPO NCAC TENK ATMV CNGL LATG FTII FNVT ATMC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1177 Avenue of The Americas, Suite 5100, Americas Tower, New York, NY, USA, 10036
Website
Mars Acquisition Corp is a blank check company.
Executives
Yenyou Zheng director 1055 WEST HASTINGS STREET, SUITE 1980, VANCOUVER A1 V6E 2E9
Xin He director 32000 AURORA ROAD, SUITE B, SOLON OH 44139
James M. Jenkins director 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Karl Brenza director 26 CHERRY STREET, KATONAH NY 10536
Yang Liu director 59 FREDERICKS ST, WEST ORANGE NJ 07052
Shanchun Huang director PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaochen Zhao director 1177 AVENUE OF THE AMERICAS, SUITE 5100, NEW YORK NY 10036