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HNR Acquisition (HNR Acquisition) Liabilities-to-Assets : 0.74 (As of Mar. 2024)


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What is HNR 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. HNR Acquisition's Total Liabilities for the quarter that ended in Mar. 2024 was $74.25 Mil. HNR Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $100.27 Mil. Therefore, HNR Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.74.


HNR Acquisition Liabilities-to-Assets Historical Data

The historical data trend for HNR 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.

HNR Acquisition Liabilities-to-Assets Chart

HNR Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.75 0.67 0.56 0.70

HNR Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.15 0.16 0.70 0.74

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

For the Shell Companies subindustry, HNR 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.


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

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

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



HNR 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.

HNR Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=70.12/100.726
=0.70

HNR Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=74.251/100.269
=0.74

* 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.


HNR Acquisition  (AMEX:HNRA) 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.


HNR Acquisition Liabilities-to-Assets Related Terms

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HNR Acquisition (HNR Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098
HNR Acquisition Corp is a blank check company.
Executives
Donald Goree director, officer: Chief Executive Officer 101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Salvucci Joseph V Jr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr director 583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald W Orr director, officer: President 3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098