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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Liabilities-to-Assets : 0.06 (As of Jun. 2023)


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What is FTAC Zeus 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. FTAC Zeus Acquisition's Total Liabilities for the quarter that ended in Jun. 2023 was $25.11 Mil. FTAC Zeus Acquisition's Total Assets for the quarter that ended in Jun. 2023 was $427.50 Mil. Therefore, FTAC Zeus Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.06.


FTAC Zeus Acquisition Liabilities-to-Assets Historical Data

The historical data trend for FTAC Zeus 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.

FTAC Zeus Acquisition Liabilities-to-Assets Chart

FTAC Zeus Acquisition Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.06 0.06

FTAC Zeus Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of FTAC Zeus Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, FTAC Zeus 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.


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

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

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



FTAC Zeus 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.

FTAC Zeus 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
=24.822/420.996
=0.06

FTAC Zeus 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
=25.111/427.502
=0.06

* 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.


FTAC Zeus Acquisition  (NAS:ZING) 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.


FTAC Zeus Acquisition Liabilities-to-Assets Related Terms

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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Zeus Acquisition Corp is a blank check company.
Executives
Daniel G Cohen director, 10 percent owner 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Pooler Joseph W. Jr. officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ryan Mark Gilbert director, 10 percent owner, officer: President and CEO 2201 BROADWAY STE 705, OAKLAND CA 94612
Lynn Eisenhart director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Sponsor Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Advisors Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Stephen E Lefkovits director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Rochael S Adranly director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Volker G Berl director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104