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Digital World Acquisition (Digital World Acquisition) Liabilities-to-Assets : 0.21 (As of Sep. 2023)


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What is Digital World 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. Digital World Acquisition's Total Liabilities for the quarter that ended in Sep. 2023 was $63.82 Mil. Digital World Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $310.48 Mil. Therefore, Digital World Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.21.


Digital World Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Digital World 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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Digital World Acquisition Liabilities-to-Assets Chart

Digital World Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
- 0.04 0.11

Digital World Acquisition Quarterly Data
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 0.08 0.11 0.12 0.16 0.21

Competitive Comparison of Digital World Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Digital World 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.


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

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

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



Digital World 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.

Digital World 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
=33.523/300.5
=0.11

Digital World Acquisition'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
=63.818/310.481
=0.21

* 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.


Digital World Acquisition  (NAS:DWACU) 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.


Digital World Acquisition Liabilities-to-Assets Related Terms

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Digital World Acquisition (Digital World Acquisition) Business Description

Traded in Other Exchanges
Address
3109 Grand Avenue, No 450, Miami, FL, USA, 33133
Website
Digital World Acquisition Corp is a blank check company.

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