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GPCOW (Golden Path Acquisition) Liabilities-to-Assets : 0.05 (As of Jun. 2022)


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What is Golden Path Acquisition Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Golden Path Acquisition's Total Liabilities for the quarter that ended in Jun. 2022 was $2.79 Mil. Golden Path Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $58.36 Mil. Therefore, Golden Path Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 was 0.05.


Golden Path Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Golden Path Acquisition's Liabilities-to-Assets 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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Golden Path Acquisition Liabilities-to-Assets Chart

Golden Path Acquisition Annual Data
Trend Dec19 Dec20 Dec21
Liabilities-to-Assets
- 1.81 0.04

Golden Path Acquisition Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.05

Competitive Comparison of Golden Path Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Golden Path Acquisition's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Path Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Golden Path Acquisition's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Golden Path Acquisition's Liabilities-to-Assets falls into.



Golden Path Acquisition Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Golden Path Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=2.283/58.221
=0.04

Golden Path Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 is calculated as

Liabilities-to-Assets (Q: Jun. 2022 )=Total Liabilities/Total Assets
=2.79/58.356
=0.05

* 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.


Golden Path Acquisition  (NAS:GPCOW) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Golden Path Acquisition Liabilities-to-Assets Related Terms

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Golden Path Acquisition Business Description

Traded in Other Exchanges
N/A
Address
100 Park Avenue, New York, NY, USA, 10017
Website
Golden Path 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.