Agile Growth (Agile Growth) Cash-to-Debt : 0.50 (As of Sep. 2022)

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What is Agile Growth Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Agile Growth's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.50.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Agile Growth couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Agile Growth's Cash-to-Debt or its related term are showing as below:

AGGRU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: No Debt Max: No Debt
Current: 0.5

During the past 1 years, Agile Growth's highest Cash to Debt Ratio was No Debt. The lowest was 0.50. And the median was No Debt.

AGGRU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.56 vs AGGRU: 0.50

Agile Growth Cash-to-Debt Historical Data

The historical data trend for Agile Growth's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Agile Growth Cash-to-Debt Chart

Agile Growth Annual Data

Trend

Dec21

Cash-to-Debt

No Debt

Agile Growth Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	0.80	0.50

Competitive Comparison of Agile Growth's Cash-to-Debt

For the Shell Companies subindustry, Agile Growth's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Agile Growth's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Agile Growth's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Agile Growth's Cash-to-Debt falls into.

Agile Growth Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Agile Growth's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Agile Growth had no debt ⁽¹⁾.

Agile Growth's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.124	/	(0.25	+	0)
	=	0.50

Agile Growth (NAS:AGGRU) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Agile Growth Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Agile Growth's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Agile Growth (Agile Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Agile Growth Corp (NAS:AGGRU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

275 Grove Street, Suite 2-400, Riverside Center, Newton, MA, USA, 02466

Website

https://www.agilegrowthcorp.com

Agile Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.

Executives

Carl Bass	director	C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Jay Bhatt	director, officer: CEO, CFO	AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Carol Bartz	director
Steven W Alesio	director	C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Philip M Pead	director
John R Egan	director	176 SOUTH ST., HOPKINTON MA 01748
Antonio J. Aquilina	officer: Chief Sourcing Officer	14 OAK PARK DRIVE, BEDFORD MA 01730
James E Heppelmann	director	C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Agile Growth Sponsor, Llc	10 percent owner	RIVERSIDE CENTER, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Tony Grout	officer: Chief Technology Officer	C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Sally Baraka	officer: Chief Administrative Officer	C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
John Edward Newton	director, officer: Chief Strategic Officer	C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466

Agile Growth (Agile Growth) Headlines

From GuruFocus

Agile Growth Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 30, 2021

By Business Wire Business Wire • 04-29-2021

Agile Growth Corp. Will Redeem Its Publicly Held Class A Ordinary Shares

By Business Wire Business Wire • 02-24-2023