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MRCWF (Mercer Park Brand Acquisition) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2021)


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What is Mercer Park Brand Acquisition LT-Debt-to-Total-Asset?

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. Mercer Park Brand Acquisition's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.00.

Mercer Park Brand Acquisition's long-term debt to total assets ratio stayed the same from Sep. 2020 (0.00) to Mar. 2021 (0.00).


Mercer Park Brand Acquisition LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mercer Park Brand 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.

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Mercer Park Brand Acquisition LT-Debt-to-Total-Asset Chart

Mercer Park Brand Acquisition Annual Data
Trend Dec19 Dec20
LT-Debt-to-Total-Asset
- -

Mercer Park Brand Acquisition Semi-Annual Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - - - - -

Mercer Park Brand Acquisition LT-Debt-to-Total-Asset Calculation

Mercer Park Brand Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=0/411.44
=0.00

Mercer Park Brand Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )/Total Assets (Q: Mar. 2021 )
=0/411.19
=0.00

* 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.


Mercer Park Brand Acquisition  (OTCPK:MRCWF) 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.


Mercer Park Brand Acquisition LT-Debt-to-Total-Asset Related Terms

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Mercer Park Brand Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7
Website
Mercer Park Brand Acquisition Corp is a special purpose acquisition company.

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