ASPAW (Abri SPAC I) LT-Debt-to-Total-Asset: 0.23 (As of Jun. 2023)

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ASPAW Abri SPAC I Inc ASPAW
19 GF Score
Price $0.09
! 3 Warning Signs
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What is Abri SPAC I LT-Debt-to-Total-Asset?

Abri SPAC I ASPAW 19 LT-Debt-to-Total-Asset is 0.23 as of Jun. 2023. GuruFocus rates ASPAW with a GF Score™ of 19/100. The stock has 3 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. Abri SPAC I's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.23.

Abri SPAC I's long-term debt to total assets ratio increased from Jun. 2022 (0.01) to Jun. 2023 (0.23). It may suggest that Abri SPAC I is progressively becoming more dependent on debt to grow their business.

Abri SPAC I  (NAS:ASPAW) 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.

Abri SPAC I LT-Debt-to-Total-Asset Related Terms

Abri SPAC I LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Abri SPAC I'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.

Abri SPAC I LT-Debt-to-Total-Asset Chart

Abri SPAC I Annual Data
Trend Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.18

Abri SPAC I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.18 0.21 0.23
ASPAW
19GF Score
Abri SPAC I Inc ASPAW
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Abri SPAC I LT-Debt-to-Total-Asset Calculation

Abri SPAC I's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=2.397/13.475
=

Abri SPAC I's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=3.234/13.915
=

* 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 0.23 mean?
Abri SPAC I (ASPAW) has a LT-Debt-to-Total-Asset of 0.23 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Abri SPAC I and its competitors.
Is Abri SPAC I's LT-Debt-to-Total-Asset too high?
Abri SPAC I's current LT-Debt-to-Total-Asset is 0.23. Overall, Abri SPAC I has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Abri SPAC I's LT-Debt-to-Total-Asset compare to MACA and KYCH?
Abri SPAC I's LT-Debt-to-Total-Asset of 0.23 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 Abri SPAC I and its competitors. Abri SPAC I's current LT-Debt-to-Total-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abri SPAC I stock overvalued right now?
Abri SPAC I (ASPAW) has a current LT-Debt-to-Total-Asset of 0.23. The current LT-Debt-to-Total-Asset is 0.23. Abri SPAC I's overall GF Score™ is 19/100 with 3 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 Abri SPAC I (ASPAW), the current LT-Debt-to-Total-Asset is 0.23 as of Jun. 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.

Abri SPAC I Business Description

Address 9663 Santa Monica Boulevard, No. 1091, Beverly Hills, CA, USA, 90210
Abri SPAC I Inc is a blank check company.
19GF Score

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

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