Check Parent if All Children are Checked

We use Smartsheet to house our product bill of materials across all projects. I would like to use a formula to populate in the parent row (sub-assembly) that would flip from an unchecked box to a checked box if all the children are checked. This is a parts received column so this would populate a report for our assembly team that a sub-assembly can be worked on since all the parts (children) are on site.

It would be a variation of this: =IF(COUNT(ANCESTORS()) > 0, 1, 0) but somehow I need to incorporate ALL ancestors and not just ANY ancestor is greater than 0. Any assistance is greatly appreciated.

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