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TLGY Acquisition (TLGY Acquisition) Liabilities-to-Assets : 0.17 (As of Mar. 2024)


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What is TLGY 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. TLGY Acquisition's Total Liabilities for the quarter that ended in Mar. 2024 was $11.07 Mil. TLGY Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $67.22 Mil. Therefore, TLGY Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.17.


TLGY Acquisition Liabilities-to-Assets Historical Data

The historical data trend for TLGY 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.

TLGY Acquisition Liabilities-to-Assets Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.08 0.04 0.16

TLGY Acquisition Quarterly Data
Jun21 Sep21 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 Premium Member Only Premium Member Only 0.15 0.17 0.15 0.16 0.17

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

For the Shell Companies subindustry, TLGY 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.


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

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

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



TLGY 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.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=10.84/66.005
=0.16

TLGY 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
=11.073/67.219
=0.16

* 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.


TLGY Acquisition  (NAS:TLGYU) 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.


TLGY Acquisition Liabilities-to-Assets Related Terms

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TLGY Acquisition (TLGY Acquisition) Business Description

Traded in Other Exchanges
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
TLGY Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.