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ADRA.U (Adara Acquisition) Liabilities-to-Assets : 0.03 (As of Sep. 2022)


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What is Adara Acquisition Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Adara Acquisition's Total Liabilities for the quarter that ended in Sep. 2022 was $3.44 Mil. Adara Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $116.91 Mil. Therefore, Adara Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 0.03.


Adara Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Adara Acquisition's Liabilities-to-Assets 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.

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Adara Acquisition Liabilities-to-Assets Chart

Adara Acquisition Annual Data
Trend Dec20 Dec21
Liabilities-to-Assets
0.97 0.05

Adara Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Liabilities-to-Assets Get a 7-Day Free Trial 0.05 0.05 0.03 0.02 0.03

Competitive Comparison of Adara Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Adara Acquisition's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Adara Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adara Acquisition's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Adara Acquisition's Liabilities-to-Assets falls into.



Adara Acquisition Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Adara Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=5.301/117.084
=0.05

Adara Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=3.441/116.914
=0.03

* 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.


Adara Acquisition  (AMEX:ADRA.U) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Adara Acquisition Liabilities-to-Assets Related Terms

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Adara Acquisition Business Description

Traded in Other Exchanges
N/A
Address
8845 Red Oak Boulevard, Charlotte, NC, USA, 28217
Adara Acquisition Corp is a blank check company.
Executives
Paul Eibeler director C/O MOOMJIAN & WAITE, LLP, 100 JERICHO QUADRANGLE STE 225, JERICHO NY 11753
Ogilvie Bruce A Jr director, 10 percent owner, officer: See Remarks 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
John Edwin Kutch officer: Chief Financial Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Chris Nagelson director 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Terilea J Wielenga director 25 CEDAR RIDGE, IRVINE CA 92603
Jeffrey Clinton Walker director, 10 percent owner, officer: Chief Executive Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Martin A. Sumichrast director, 10 percent owner, officer: Chief Executive Officer 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277
Thomas M Finke director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Paul G Porter officer: Chief Financial Officer 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Adara Sponsor Llc 10 percent owner 8845 RED OAK BOULEVARD, CHARLOTTE NC 28217
Donaldson Walter Tommy Iii director 211 EAST BLVD., CHARLOTTE NC 28203
Beatriz Acevedo-greiff director 1023 MAPLE STREET, SANTA MONICA CA 90405
Frank Quintero director 1966 DEERMONT RD, GLENDALE CA 91207

Adara Acquisition Headlines

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