Altimar Acquisition III (Altimar Acquisition III) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Altimar Acquisition III 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. Altimar Acquisition III's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Altimar Acquisition III could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(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 Altimar Acquisition III's Cash-to-Debt or its related term are showing as below:

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

During the past 2 years, Altimar Acquisition III's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ATAQU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs ATAQU: No Debt

Altimar Acquisition III Cash-to-Debt Historical Data

The historical data trend for Altimar Acquisition III'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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Altimar Acquisition III Cash-to-Debt Chart

Altimar Acquisition III Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Altimar Acquisition III Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Altimar Acquisition III's Cash-to-Debt

For the Shell Companies subindustry, Altimar Acquisition III'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.

Altimar Acquisition III's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Altimar Acquisition III's Cash-to-Debt falls into.

Altimar Acquisition III 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.

Altimar Acquisition III's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Altimar Acquisition III had no debt ⁽¹⁾.

Altimar Acquisition III's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Altimar Acquisition III had no debt ⁽¹⁾.

Altimar Acquisition III (NYSE:ATAQU) 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.

Altimar Acquisition III Cash-to-Debt Related Terms

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

Altimar Acquisition III (Altimar Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Altimar Acquisition Corp III (NYSE:ATAQU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 West 57th Street, 33rd Floor, New York, NY, USA, 10019

Website

https://ataq.altimaracquisition.com

Altimar Acquisition Corp III is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses.

Executives

Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Payne Brown	director	111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Thomas Wasserman	director, officer: Chief Executive Officer	C/O CONSTELLATION VENTURES, 383 MADISON AVENUE, NEW YORK NY 10179
Richard M Jelinek	director	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Vijay Sondhi	director	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Rubenstein	director	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Roma Khanna	director	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Vorhaus	director	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Wendy Lai	officer: Chief Financial Officer	40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Altimar Sponsor Iii, Llc	10 percent owner	40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019