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BurTech Acquisition (BurTech Acquisition) Liabilities-to-Assets : 0.21 (As of Sep. 2023)


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What is BurTech 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. BurTech Acquisition's Total Liabilities for the quarter that ended in Sep. 2023 was $14.58 Mil. BurTech Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $70.85 Mil. Therefore, BurTech Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.21.


BurTech Acquisition Liabilities-to-Assets Historical Data

The historical data trend for BurTech 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.

* Premium members only.

BurTech Acquisition Liabilities-to-Assets Chart

BurTech Acquisition Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.04 0.04

BurTech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.21 0.21 0.21

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

For the Shell Companies subindustry, BurTech 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.


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

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

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



BurTech 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.

BurTech 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
=11.359/296.011
=0.04

BurTech Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=14.578/70.854
=0.21

* 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.


BurTech Acquisition  (NAS:BRKH) 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.


BurTech Acquisition Liabilities-to-Assets Related Terms

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BurTech Acquisition (BurTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004