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99 Acquisition Group (99 Acquisition Group) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2023)


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What is 99 Acquisition Group 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. 99 Acquisition Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.00.

99 Acquisition Group's long-term debt to total assets ratio stayed the same from . 20 (0.00) to Jun. 2023 (0.00).

99 Acquisition Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for 99 Acquisition Group'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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99 Acquisition Group LT-Debt-to-Total-Asset Chart

99 Acquisition Group Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
- -

99 Acquisition Group Quarterly Data
Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset - - -

99 Acquisition Group LT-Debt-to-Total-Asset Calculation

99 Acquisition Group'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 )
=0/77.758
=

99 Acquisition Group'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 )
=0/0.179
=

* 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.

99 Acquisition Group  (NAS:NNAG) 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.

99 Acquisition Group LT-Debt-to-Total-Asset Related Terms

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99 Acquisition Group (99 Acquisition Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 99 Acquisition Group Inc (NAS:NNAG) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
PWUP HWEL BLUA CBRG DPCS CHAA EGGF TGAA PORT CITE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
14 Noblewood Ct,, Gaithersburg, MD, USA, 20878
Website
https://www.99acquisitiongroup.com
99 Acquisition Group Inc is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.