Moringa Acquisition (Moringa Acquisition) LT-Debt-to-Total-Asset : 0.53 (As of Mar. 2024)

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What is Moringa 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. Moringa Acquisition's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.53.

Moringa Acquisition's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.53). It may suggest that Moringa Acquisition is progressively becoming more dependent on debt to grow their business.

Moringa Acquisition LT-Debt-to-Total-Asset Historical Data

The historical data trend for Moringa 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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Moringa Acquisition LT-Debt-to-Total-Asset Chart

Moringa Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.49

Moringa Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	-	-	0.49	0.53

Moringa Acquisition LT-Debt-to-Total-Asset Calculation

Moringa Acquisition'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 )
	=	2.841	/	5.834
	=

Moringa Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3.116	/	5.842
	=

Moringa Acquisition (NAS:MACAU) 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.

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Moringa Acquisition (Moringa Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Moringa Acquisition Corp (NAS:MACAU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MACA:USA

Address

250 Park Avenue, 7th Floor, New York, NY, USA, 10177

Website

https://www.moringaac.com

Moringa Acquisition Corp is a blank check company.

Executives

Hudson Bay Capital Management Lp	10 percent owner	28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber	10 percent owner	C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Ruth Alon	director	1/3 HIGH-TECH VILLAGE, GIVAT RAM, P.O. BOX 39264, JERUSALEM L3 9139102
Eric Brachfeld	director	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Michael Basch	director	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Gil Maman	officer: Chief Financial Officer	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Ilan Levin	director, 10 percent owner, officer: Chairman and CEO	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor Us L.p.	10 percent owner	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor, Lp	10 percent owner	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Dan Yalon	officer: Advisor	C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10177