Southport Acquisition Corp (PORT) - Total Liabilities
Based on the latest financial reports, Southport Acquisition Corp (PORT) has total liabilities worth $10.58 Million USD as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Southport Acquisition Corp - Total Liabilities Trend (2021–2024)
This chart illustrates how Southport Acquisition Corp's total liabilities have evolved over time, based on quarterly financial data. See PORT working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Southport Acquisition Corp Competitors by Total Liabilities
The table below lists competitors of Southport Acquisition Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
TransAct Technologies Incorporated
NASDAQ:TACT
|
USA | $15.60 Million |
|
Instil Bio Inc.
NASDAQ:TIL
|
USA | $89.73 Million |
|
ICAPE HOLDING EO -40
F:Z8J
|
Germany | €120.45 Million |
|
Selangor Dredging Bhd
KLSE:2224
|
Malaysia | RM616.84 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
USA | $50.52 Million |
|
DIC India Limited
NSE:DICIND
|
India | Rs2.02 Billion |
|
Cs Holdings
KO:000590
|
Korea | ₩31.86 Billion |
|
Osmond Resources Ltd
AU:OSM
|
Australia | AU$333.97K |
Liability Composition Analysis (2021–2024)
This chart breaks down Southport Acquisition Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Southport Acquisition Corp (PORT) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.09 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.09 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 12.44 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Southport Acquisition Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Southport Acquisition Corp (2021–2024)
The table below shows the annual total liabilities of Southport Acquisition Corp from 2021 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $9.13 Million | +64.15% |
| 2023-12-31 | $5.56 Million | +220.49% |
| 2022-12-31 | $1.74 Million | -93.40% |
| 2021-12-31 | $26.29 Million | -- |
About Southport Acquisition Corp
As of September 10, 2025, Southport Acquisition Corporation was acquired by Angel Studios, Inc., in a reverse merger transaction. Southport Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 202… Read more