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FutureTech II Acquisition (FutureTech II Acquisition) Liabilities-to-Assets : 0.22 (As of Mar. 2024)


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What is FutureTech II 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. FutureTech II Acquisition's Total Liabilities for the quarter that ended in Mar. 2024 was $6.02 Mil. FutureTech II Acquisition's Total Assets for the quarter that ended in Mar. 2024 was $26.98 Mil. Therefore, FutureTech II Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.22.


FutureTech II Acquisition Liabilities-to-Assets Historical Data

The historical data trend for FutureTech II 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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FutureTech II Acquisition Liabilities-to-Assets Chart

FutureTech II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.83 0.04 0.09

FutureTech II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.13 0.09 0.22

Competitive Comparison of FutureTech II Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, FutureTech II 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.


FutureTech II Acquisition's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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



FutureTech II 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.

FutureTech II Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=5.572/62.778
=0.09

FutureTech II Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=6.018/26.982
=0.22

* 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.


FutureTech II Acquisition  (NAS:FTII) 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.


FutureTech II Acquisition Liabilities-to-Assets Related Terms

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FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
128 Gail Drive, New Rochelle, NY, USA, 10805
Website
FutureTech II Acquisition Corp is a blank check company.
Executives
Ray Lei Chen director, officer: Chief Executive Officer & CFO FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc 10 percent owner 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage director C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush director 1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi director 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang director, 10 percent owner, officer: Chief Executive Officer 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley director 1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall director, officer: Chief Financial Officer 42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines