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Priveterra Acquisition II (Priveterra Acquisition II) Liabilities-to-Assets : 0.71 (As of Sep. 2023)


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What is Priveterra 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. Priveterra Acquisition II's Total Liabilities for the quarter that ended in Sep. 2023 was $14.84 Mil. Priveterra Acquisition II's Total Assets for the quarter that ended in Sep. 2023 was $21.05 Mil. Therefore, Priveterra Acquisition II's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.71.


Priveterra Acquisition II Liabilities-to-Assets Historical Data

The historical data trend for Priveterra 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.

* Premium members only.

Priveterra Acquisition II Liabilities-to-Assets Chart

Priveterra Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
1.42 0.08 0.56

Priveterra Acquisition II 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 0.05 0.56 0.60 0.44 0.71

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

For the Shell Companies subindustry, Priveterra 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.


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

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

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



Priveterra 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.

Priveterra Acquisition II'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
=17.087/30.361
=0.56

Priveterra Acquisition II'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
=14.838/21.046
=0.71

* 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.


Priveterra Acquisition II  (NAS:PMGM) 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.


Priveterra Acquisition II Liabilities-to-Assets Related Terms

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Priveterra Acquisition II (Priveterra Acquisition II) Business Description

Traded in Other Exchanges
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Priveterra Acquisition Corp II is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019
Gregory Golkin director, 10 percent owner, officer: President 650 FIFTH AVENUE 10TH FLO, NEW YORK NY 10019