GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mars Acquisition Corp (NAS:MARX) » Definitions » Liabilities-to-Assets

Mars Acquisition (Mars Acquisition) Liabilities-to-Assets : 0.03 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Mars 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. Mars Acquisition's Total Liabilities for the quarter that ended in Mar. 2024 was $0.57 Mil. Mars Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $22.88 Mil. Therefore, Mars Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.03.


Mars Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Mars 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.

Mars Acquisition Liabilities-to-Assets Chart

Mars Acquisition Annual Data
Trend Sep21 Sep22 Sep23
Liabilities-to-Assets
2.04 1.12 -

Mars Acquisition Quarterly Data
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 - - - - 0.03

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

For the Shell Companies subindustry, Mars 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.


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

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

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



Mars 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.

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

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=0.016/72.916
=0.00

Mars 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
=0.567/22.878
=0.02

* 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.


Mars Acquisition  (NAS:MARX) 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.


Mars Acquisition Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Mars Acquisition's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mars Acquisition (Mars Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1177 Avenue of The Americas, Suite 5100, Americas Tower, New York, NY, USA, 10036
Website
Mars Acquisition Corp is a blank check company.
Executives
Yenyou Zheng director 1055 WEST HASTINGS STREET, SUITE 1980, VANCOUVER A1 V6E 2E9
Xin He director 32000 AURORA ROAD, SUITE B, SOLON OH 44139
James M. Jenkins director 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Karl Brenza director 26 CHERRY STREET, KATONAH NY 10536
Yang Liu director 59 FREDERICKS ST, WEST ORANGE NJ 07052
Shanchun Huang director PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaochen Zhao director 1177 AVENUE OF THE AMERICAS, SUITE 5100, NEW YORK NY 10036