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

Redwoods Acquisition (Redwoods Acquisition) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Redwoods 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. Redwoods Acquisition's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Redwoods Acquisition's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.08). It may suggest that Redwoods Acquisition is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Redwoods 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.

* Premium members only.

Redwoods Acquisition LT-Debt-to-Total-Asset Chart

Redwoods Acquisition Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.08

Redwoods Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.02 0.02 0.08 0.08

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

Redwoods 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 )
=1.54/19.456
=

Redwoods 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 )
=1.54/19.586
=

* 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.

Redwoods Acquisition  (NAS:RWOD) 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.

Redwoods Acquisition LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Redwoods Acquisition's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Redwoods Acquisition (Redwoods Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Redwoods Acquisition Corp (NAS:RWOD) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
NBST QDRO ONYX BOWN TBMC BLAC VCXA ADEX PMGM GODN PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1115 Broadway, 12th Floor, New York, NY, USA, 10010
Website
Redwoods Acquisition Corp is a is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Executives
Jiande Chen director, officer: Chief Executive Officer IMAX CORPORATION, A401-410 TOMORROW SQUA, SHANGHAI F4 200003
Raymond John Gibbs director 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Wang Cong Edward director, officer: Chief Financial Officer 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Redwoods Capital Llc 10 percent owner 1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Weikwang Ng director 1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Hong Jeff Li director 1115 BROADWAY, 12TH FLOOR, NEW YORK NM 10010