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Western Acquisition Ventures (Western Acquisition Ventures) Liabilities-to-Assets : 0.97 (As of Dec. 2023)


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What is Western Acquisition Ventures 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. Western Acquisition Ventures's Total Liabilities for the quarter that ended in Dec. 2023 was $3.31 Mil. Western Acquisition Ventures's Total Assets for the quarter that ended in Dec. 2023 was $3.41 Mil. Therefore, Western Acquisition Ventures's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.97.


Western Acquisition Ventures Liabilities-to-Assets Historical Data

The historical data trend for Western Acquisition Ventures'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.

Western Acquisition Ventures Liabilities-to-Assets Chart

Western Acquisition Ventures Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.96 0.01 0.97

Western Acquisition Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.32 0.35 0.90 0.97

Competitive Comparison of Western Acquisition Ventures's Liabilities-to-Assets

For the Shell Companies subindustry, Western Acquisition Ventures'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.


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

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

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



Western Acquisition Ventures 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.

Western Acquisition Ventures'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
=3.306/3.412
=0.97

Western Acquisition Ventures's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=3.306/3.412
=0.97

* 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.


Western Acquisition Ventures  (NAS:WAVS) 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.


Western Acquisition Ventures Liabilities-to-Assets Related Terms

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Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, 12th Floor, New York, NY, USA, 10004
Western Acquisition Ventures Corp is a blank check company.
Executives
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern director STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen director, officer: Chief Executive Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak director, 10 percent owner, other: Chief Financial Officer 8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc 10 percent owner 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

Western Acquisition Ventures (Western Acquisition Ventures) Headlines