GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thunder Bridge Capital Partners III Inc (NAS:TBCPU) » Definitions » Liabilities-to-Assets

TBCPU (Thunder Bridge Capital Partners III) Liabilities-to-Assets : 2.61 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Thunder Bridge Capital Partners 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. Thunder Bridge Capital Partners III's Total Liabilities for the quarter that ended in Sep. 2023 was $16.65 Mil. Thunder Bridge Capital Partners III's Total Assets for the quarter that ended in Sep. 2023 was $6.39 Mil. Therefore, Thunder Bridge Capital Partners III's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 2.61.


Thunder Bridge Capital Partners III Liabilities-to-Assets Historical Data

The historical data trend for Thunder Bridge Capital Partners 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.

* Premium members only.

Thunder Bridge Capital Partners III Liabilities-to-Assets Chart

Thunder Bridge Capital Partners III Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
1.03 0.05 1.38

Thunder Bridge Capital Partners III Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 1.38 1.44 1.49 2.61

Competitive Comparison of Thunder Bridge Capital Partners III's Liabilities-to-Assets

For the Shell Companies subindustry, Thunder Bridge Capital Partners 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.


Thunder Bridge Capital Partners III's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners III's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Thunder Bridge Capital Partners III's Liabilities-to-Assets falls into.



Thunder Bridge Capital Partners 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.

Thunder Bridge Capital Partners III'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
=17.257/12.474
=1.38

Thunder Bridge Capital Partners III's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=16.653/6.393
=2.60

* 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.


Thunder Bridge Capital Partners III  (NAS:TBCPU) 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.


Thunder Bridge Capital Partners III Liabilities-to-Assets Related Terms

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


Thunder Bridge Capital Partners III Business Description

Traded in Other Exchanges
N/A
Address
9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Website
Thunder Bridge Capital Partners III Inc is a blank check company.
Executives
David E Mangum director
Gary A Simanson director, 10 percent owner, officer: President and CEO 717 KING STREET, ALEXANDRIA VA 22314
William A Houlihan officer: Chief Financial Officer 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iii, Llc 10 percent owner 9912 GEORGETOWN PIKE SUITE D203, GREAT FALLS VA 22066

Thunder Bridge Capital Partners III Headlines