NLITW (Northern Lights Acquisition) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2022)


NLITW Northern Lights Acquisition Corp NLITW
20 GF Score
Price $0.24
! 1 Warning Sign
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What is Northern Lights Acquisition LT-Debt-to-Total-Asset?

Northern Lights Acquisition NLITW 20 LT-Debt-to-Total-Asset is 0.00 as of Jun. 2022. GuruFocus rates NLITW with a GF Score™ of 20/100. 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. Northern Lights Acquisition's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.00.

Northern Lights Acquisition's long-term debt to total assets ratio stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00).

Northern Lights Acquisition  (NAS:NLITW) 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.

Northern Lights Acquisition LT-Debt-to-Total-Asset Related Terms

Northern Lights Acquisition LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Northern Lights 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.

Northern Lights Acquisition LT-Debt-to-Total-Asset Chart

Northern Lights Acquisition Annual Data
Trend Dec21
LT-Debt-to-Total-Asset
0.00

Northern Lights Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NLITW
20GF Score
Northern Lights Acquisition Corp NLITW
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Northern Lights Acquisition LT-Debt-to-Total-Asset Calculation

Northern Lights Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=0/117.846
=

Northern Lights Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )/Total Assets (Q: Jun. 2022 )
=0/119.029
=

* 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?
Northern Lights Acquisition (NLITW) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Northern Lights Acquisition and its competitors.
Is Northern Lights Acquisition's LT-Debt-to-Total-Asset too high?
Northern Lights Acquisition's current LT-Debt-to-Total-Asset is 0.00. Overall, Northern Lights Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lights Acquisition's LT-Debt-to-Total-Asset compare to KWAC and MBTC?
Northern Lights 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 Northern Lights Acquisition and its competitors. Northern Lights 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 Northern Lights Acquisition stock overvalued right now?
Northern Lights Acquisition (NLITW) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Northern Lights Acquisition's overall GF Score™ is 20/100 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 Northern Lights Acquisition (NLITW), the current LT-Debt-to-Total-Asset is 0.00 as of Jun. 2022. 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.

Northern Lights Acquisition Business Description

Address 10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Northern Lights Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.
20GF Score

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