ITAQW (Industrial Tech Acquisitions II) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2023)

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ITAQW Industrial Tech Acquisitions II Inc ITAQW
24 GF Score
Price $0.00
! 1 Warning Sign
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What is Industrial Tech Acquisitions II LT-Debt-to-Total-Asset?

Industrial Tech Acquisitions II ITAQW 24 LT-Debt-to-Total-Asset is 0.00 as of Jun. 2023. GuruFocus rates ITAQW with a GF Score™ of 24/100. The stock has 1 warning sign 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. Industrial Tech Acquisitions II's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.00.

Industrial Tech Acquisitions II's long-term debt to total assets ratio stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Industrial Tech Acquisitions II  (NAS:ITAQW) 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.

Industrial Tech Acquisitions II LT-Debt-to-Total-Asset Related Terms

Industrial Tech Acquisitions II LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Industrial Tech Acquisitions II'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.

Industrial Tech Acquisitions II LT-Debt-to-Total-Asset Chart

Industrial Tech Acquisitions II Annual Data
Trend Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.00

Industrial Tech Acquisitions II Quarterly Data
Jan21 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 0.00 0.00 0.00 0.00 0.00
ITAQW
24GF Score
Industrial Tech Acquisitions II Inc ITAQW
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial Tech Acquisitions II LT-Debt-to-Total-Asset Calculation

Industrial Tech Acquisitions II'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 )
=0/179.154
=

Industrial Tech Acquisitions II'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 )
=0/15.12
=

* 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?
Industrial Tech Acquisitions II (ITAQW) has a LT-Debt-to-Total-Asset of 0.00 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 Industrial Tech Acquisitions II and its competitors.
Is Industrial Tech Acquisitions II's LT-Debt-to-Total-Asset too high?
Industrial Tech Acquisitions II's current LT-Debt-to-Total-Asset is 0.00. Overall, Industrial Tech Acquisitions II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Industrial Tech Acquisitions II's LT-Debt-to-Total-Asset compare to JAQC and ROCL?
Industrial Tech Acquisitions II'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 Industrial Tech Acquisitions II and its competitors. Industrial Tech Acquisitions II'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 Industrial Tech Acquisitions II stock overvalued right now?
Industrial Tech Acquisitions II (ITAQW) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Industrial Tech Acquisitions II's overall GF Score™ is 24/100 with 1 warning sign 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 Industrial Tech Acquisitions II (ITAQW), the current LT-Debt-to-Total-Asset is 0.00 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.

Industrial Tech Acquisitions II Business Description

Address 5090 Richmond Avenue, Suite 319, Houston, TX, USA, 77056
Industrial Tech Acquisitions II Inc is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
24GF Score

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