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McLaren Technology Acquisition (McLaren Technology Acquisition) Liabilities-to-Assets : 0.04 (As of Sep. 2022)


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What is McLaren Technology 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. McLaren Technology Acquisition's Total Liabilities for the quarter that ended in Sep. 2022 was $7.35 Mil. McLaren Technology Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $206.96 Mil. Therefore, McLaren Technology Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 0.04.


McLaren Technology Acquisition Liabilities-to-Assets Historical Data

The historical data trend for McLaren Technology 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.

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McLaren Technology Acquisition Liabilities-to-Assets Chart

McLaren Technology Acquisition Annual Data
Trend Dec21
Liabilities-to-Assets
0.04

McLaren Technology Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Liabilities-to-Assets Get a 7-Day Free Trial 0.91 0.04 0.04 0.04 0.04

Competitive Comparison of McLaren Technology Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, McLaren Technology 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.


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

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

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



McLaren Technology 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.

McLaren Technology Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=7.259/206.662
=0.04

McLaren Technology Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=7.348/206.961
=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.


McLaren Technology Acquisition  (NAS:MLAIU) 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.


McLaren Technology Acquisition Liabilities-to-Assets Related Terms

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McLaren Technology Acquisition (McLaren Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2600 Michelson Drive, Suite 1700, Irvine, CA, USA, 92612
Website
McLaren Technology Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

McLaren Technology Acquisition (McLaren Technology Acquisition) Headlines