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UTA Acquisition (UTA Acquisition) Liabilities-to-Assets : 0.04 (As of Jun. 2023)


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What is UTA 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. UTA Acquisition's Total Liabilities for the quarter that ended in Jun. 2023 was $9.30 Mil. UTA Acquisition's Total Assets for the quarter that ended in Jun. 2023 was $243.72 Mil. Therefore, UTA Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.04.


UTA Acquisition Liabilities-to-Assets Historical Data

The historical data trend for UTA 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.

UTA Acquisition Liabilities-to-Assets Chart

UTA Acquisition Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.04 0.04

UTA Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial 0.04 0.04 0.04 0.04 0.04

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

For the Shell Companies subindustry, UTA 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.


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

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

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



UTA 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.

UTA Acquisition'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
=8.838/238.698
=0.04

UTA Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=9.295/243.716
=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.


UTA Acquisition  (NAS:UTAA) 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.


UTA Acquisition Liabilities-to-Assets Related Terms

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UTA Acquisition (UTA Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
135 5th Avenue, 7th Floor, New York, NY, USA, 10010
UTA Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Reginald Fils-aime director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alexis Ohanian director C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Ophir Lupu officer: President C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Chris Jefferis officer: Chief Financial Officer C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Jamie Sharp officer: Co-Chief Executive Officer C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Clinton Foy director, officer: Co-Chief Executive Officer C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Uta Acquisition Sponsor Llc 10 percent owner C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010

UTA Acquisition (UTA Acquisition) Headlines