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Logistics Innovation Technologies (Logistics Innovation Technologies) Liabilities-to-Assets : 0.05 (As of Mar. 2023)


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What is Logistics Innovation Technologies 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. Logistics Innovation Technologies's Total Liabilities for the quarter that ended in Mar. 2023 was $15.55 Mil. Logistics Innovation Technologies's Total Assets for the quarter that ended in Mar. 2023 was $348.89 Mil. Therefore, Logistics Innovation Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.05.


Logistics Innovation Technologies Liabilities-to-Assets Historical Data

The historical data trend for Logistics Innovation Technologies'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.

Logistics Innovation Technologies Liabilities-to-Assets Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.08 0.04

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.04 0.04 0.05

Competitive Comparison of Logistics Innovation Technologies's Liabilities-to-Assets

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Logistics Innovation Technologies's Liabilities-to-Assets falls into.



Logistics Innovation Technologies 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.

Logistics Innovation Technologies'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
=13.432/345.499
=0.04

Logistics Innovation Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=15.549/348.892
=0.04

* 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.


Logistics Innovation Technologies  (NAS:LITT) 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.


Logistics Innovation Technologies Liabilities-to-Assets Related Terms

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Logistics Innovation Technologies (Logistics Innovation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Website
Logistics Innovation Technologies Corp is a blank check company.
Executives
Andrew C Clarke director 430 AIRPORT ROAD, GREENVILLIE TN 37745
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
Alan Gershenhorn director, officer: CEO and Chairman 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Isaac Applbaum 10 percent owner 65 CHALLENGER ROAD, C/O VECTOR INTERSECT SECURITY ACQ. CORP., RIDGEFILED PARK NJ 07660
Bruno Sidler director 15350 VICKERY DRIVE, HOUSTON TX 77032
1p Management Llc director, 10 percent owner 3348 PEACHTREE ROAD, SUITE 700, ATLANTA GA 30326