ACBAW (Ace Global Business Acquisition) LT-Debt-to-Total-Asset: 0.00 (As of Dec. 2023)


ACBAW Ace Global Business Acquisition Ltd ACBAW
23 GF Score
Price $0.02
! 4 Warning Signs
View Full Analysis

What is Ace Global Business Acquisition LT-Debt-to-Total-Asset?

Ace Global Business Acquisition ACBAW 23 LT-Debt-to-Total-Asset is 0.00 as of Dec. 2023. GuruFocus rates ACBAW with a GF Score™ of 23/100. The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ace Global Business Acquisition's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Ace Global Business Acquisition's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Ace Global Business Acquisition  (NAS:ACBAW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ace Global Business Acquisition LT-Debt-to-Total-Asset Related Terms

Ace Global Business Acquisition LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Ace Global Business Acquisition's LT-Debt-to-Total-Asset 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.

Ace Global Business Acquisition LT-Debt-to-Total-Asset Chart

Ace Global Business Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.00 0.00 0.00 0.00

Ace Global Business Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
ACBAW
23GF Score
Ace Global Business Acquisition Ltd ACBAW
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ace Global Business Acquisition LT-Debt-to-Total-Asset Calculation

Ace Global Business Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0/23.399
=

Ace Global Business Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0/23.399
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Ace Global Business Acquisition (ACBAW) has a LT-Debt-to-Total-Asset of 0.00 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ace Global Business Acquisition and its competitors.
Is Ace Global Business Acquisition's LT-Debt-to-Total-Asset too high?
Ace Global Business Acquisition's current LT-Debt-to-Total-Asset is 0.00. Overall, Ace Global Business Acquisition has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Ace Global Business Acquisition's LT-Debt-to-Total-Asset compare to DKDCA and GDNR?
Ace Global Business Acquisition's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ace Global Business Acquisition and its competitors. Ace Global Business Acquisition's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Global Business Acquisition stock overvalued right now?
Ace Global Business Acquisition (ACBAW) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Ace Global Business Acquisition's overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ace Global Business Acquisition (ACBAW), the current LT-Debt-to-Total-Asset is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ace Global Business Acquisition Business Description

Address Tower 2, Lippo Centre, No. 89, Room. 806, 8th Floor, Queensway, Admiralty, Hong Kong, HKG
Ace Global Business Acquisition Ltd is a newly organized blank check company.
23GF Score

Get the complete analysis for ACBAW

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.02
Price