NextGen Acquisition II (NextGen Acquisition II) Liabilities-to-Assets : 0.10 (As of Sep. 2021)

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What is NextGen Acquisition II 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. NextGen Acquisition II's Total Liabilities for the quarter that ended in Sep. 2021 was $38.77 Mil. NextGen Acquisition II's Total Assets for the quarter that ended in Sep. 2021 was $383.40 Mil. Therefore, NextGen Acquisition II's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 0.10.

NextGen Acquisition II Liabilities-to-Assets Historical Data

The historical data trend for NextGen Acquisition II'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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NextGen Acquisition II Liabilities-to-Assets Chart

NextGen Acquisition II Annual Data

Trend

Liabilities-to-Assets

NextGen Acquisition II Semi-Annual Data
	Jan21	Mar21	Jun21	Sep21
Liabilities-to-Assets	0.84	0.09	0.13	0.10

Competitive Comparison of NextGen Acquisition II's Liabilities-to-Assets

For the Shell Companies subindustry, NextGen Acquisition II'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.

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

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

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

NextGen Acquisition II 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.

NextGen Acquisition II's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )	=	Total Liabilities	/	Total Assets
	=		/
	=	N/A

NextGen Acquisition II's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )	=	Total Liabilities	/	Total Assets
	=	38.774	/	383.4
	=	0.10

NextGen Acquisition II (NAS:NGCAW) 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.

NextGen Acquisition II Liabilities-to-Assets Related Terms

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