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Sizzle Acquisition (Sizzle Acquisition) Liabilities-to-Assets : 0.40 (As of Sep. 2023)


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What is Sizzle 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. Sizzle Acquisition's Total Liabilities for the quarter that ended in Sep. 2023 was $13.47 Mil. Sizzle Acquisition's Total Assets for the quarter that ended in Sep. 2023 was $33.77 Mil. Therefore, Sizzle Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.40.


Sizzle Acquisition Liabilities-to-Assets Historical Data

The historical data trend for Sizzle 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.

* Premium members only.

Sizzle Acquisition Liabilities-to-Assets Chart

Sizzle Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
0.80 0.05 0.06

Sizzle Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.25 0.26 0.40

Competitive Comparison of Sizzle Acquisition's Liabilities-to-Assets

For the Shell Companies subindustry, Sizzle 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.


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

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

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



Sizzle 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.

Sizzle Acquisition's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=9.901/160.644
=0.06

Sizzle Acquisition's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=13.472/33.77
=0.40

* 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.


Sizzle Acquisition  (NAS:SZZL) 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.


Sizzle Acquisition Liabilities-to-Assets Related Terms

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Sizzle Acquisition (Sizzle Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4201 Georgia Avenue NW, Washington, DC, USA, 20011
Sizzle Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Jamieson Karson director, 10 percent owner C/O STEVEN MADDEN LTD, 52 16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Karen A Kelley director 6475 CHRISTIE AVENUE, SUITE 150, EMERYVILLE CA 94608
Vo Sponsor, Llc 10 percent owner 4201 GEORGIA AVE NW, WASHINGTON DC 20011
Daniel Christopher Lee officer: Head of Business Development 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Steve Salis director, 10 percent owner, officer: Chief Executive Officer 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
David Perlin director 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Nestor Nova officer: CFO & Secretary 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011

Sizzle Acquisition (Sizzle Acquisition) Headlines

From GuruFocus

Sizzle Acquisition Corp (SZZLU) CEO Steve Salis Bought $7.2 million of Shares

By GuruFocus Research GuruFocus Editor 11-11-2021