Banner Acquisition (Banner Acquisition) Liabilities-to-Assets : 0.04 (As of Dec. 2022)

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What is Banner 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. Banner Acquisition's Total Liabilities for the quarter that ended in Dec. 2022 was $6.55 Mil. Banner Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $161.24 Mil. Therefore, Banner Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.04.

Banner Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Banner 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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Banner Acquisition Liabilities-to-Assets Chart

Banner Acquisition Annual Data

Trend

Dec21

Dec22

Liabilities-to-Assets

0.04

Banner Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Liabilities-to-Assets	Get a 7-Day Free Trial			0.04	0.04	0.04	0.04	0.04

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

For the Shell Companies subindustry, Banner 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.

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

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

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

Banner 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.

Banner Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )	=	Total Liabilities	/	Total Assets
	=	6.548	/	161.244
	=	0.04

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

Liabilities-to-Assets (Q: Dec. 2022 )	=	Total Liabilities	/	Total Assets
	=	6.548	/	161.244
	=	0.04

Banner Acquisition (NAS:BNNRW) 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.

Banner Acquisition Liabilities-to-Assets Related Terms

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