PRSRW (Prospector Capital) LT-Debt-to-Total-Asset: 0.05 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PRSRW Prospector Capital Corp PRSRW
22 GF Score
Price $0.08
! 3 Warning Signs
View Full Analysis

What is Prospector Capital LT-Debt-to-Total-Asset?

Prospector Capital PRSRW +87.50% 22 LT-Debt-to-Total-Asset is 0.05 as of Sep. 2023. GuruFocus rates PRSRW with a GF Score™ of 22/100. 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. Prospector Capital's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

Prospector Capital's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.05). It may suggest that Prospector Capital is progressively becoming more dependent on debt to grow their business.

Prospector Capital  (NAS:PRSRW) 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.

Prospector Capital LT-Debt-to-Total-Asset Related Terms

Prospector Capital LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Prospector Capital'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.

Prospector Capital LT-Debt-to-Total-Asset Chart

Prospector Capital Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.00 0.00

Prospector Capital Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.03 0.05 0.05
PRSRW
22GF Score
Prospector Capital Corp PRSRW
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prospector Capital LT-Debt-to-Total-Asset Calculation

Prospector Capital'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 )
=0.157/329.802
=

Prospector Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=1.239/23.847
=

* 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 0.05 mean?
Prospector Capital (PRSRW) has a LT-Debt-to-Total-Asset of 0.05 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Prospector Capital and its competitors.
Is Prospector Capital's LT-Debt-to-Total-Asset too high?
Prospector Capital's current LT-Debt-to-Total-Asset is 0.05. Overall, Prospector Capital has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Prospector Capital's LT-Debt-to-Total-Asset compare to ENER and BYNO?
Prospector Capital's LT-Debt-to-Total-Asset of 0.05 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 Prospector Capital and its competitors. Prospector Capital's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prospector Capital stock overvalued right now?
Prospector Capital (PRSRW) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. Prospector Capital's overall GF Score™ is 22/100 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 Prospector Capital (PRSRW), the current LT-Debt-to-Total-Asset is 0.05 as of Sep. 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.

Prospector Capital Business Description

Address 1250 Prospect Street, Suite 200, La Jolla, CA, USA, 92037
Prospector Capital Corp is a blank check company.
22GF Score

Get the complete analysis for PRSRW

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

$0.08
Price