Leo Holdings III (Leo Holdings III) Liabilities-to-Assets : 0.70 (As of Jan. 2021)

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What is Leo Holdings III 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. Leo Holdings III's Total Liabilities for the quarter that ended in Jan. 2021 was $0.04 Mil. Leo Holdings III's Total Assets for the quarter that ended in Jan. 2021 was $0.05 Mil. Therefore, Leo Holdings III's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2021 was 0.70.

Leo Holdings III Liabilities-to-Assets Historical Data

The historical data trend for Leo Holdings III'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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Leo Holdings III Liabilities-to-Assets Chart

Leo Holdings III Annual Data

Trend

Liabilities-to-Assets

Leo Holdings III Semi-Annual Data
	Jan21
Liabilities-to-Assets	0.70

Competitive Comparison of Leo Holdings III's Liabilities-to-Assets

For the Shell Companies subindustry, Leo Holdings III'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.

Leo Holdings III's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Leo Holdings III's Liabilities-to-Assets falls into.

Leo Holdings III 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.

Leo Holdings III's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )	=	Total Liabilities	/	Total Assets
	=		/
	=	N/A

Leo Holdings III's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2021 is calculated as

Liabilities-to-Assets (Q: Jan. 2021 )	=	Total Liabilities	/	Total Assets
	=	0.035	/	0.05
	=	0.70

Leo Holdings III (NYSE:LIII.WS) 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.

Leo Holdings III Liabilities-to-Assets Related Terms

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