Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is Deep Lake Capital Acquisition 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. Deep Lake Capital Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 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, Deep Lake Capital Acquisition could 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 Deep Lake Capital Acquisition's Cash-to-Debt or its related term are showing as below:

DLCAW' 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, Deep Lake Capital Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

DLCAW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.39 vs DLCAW: No Debt

Deep Lake Capital Acquisition Cash-to-Debt Historical Data

The historical data trend for Deep Lake Capital Acquisition'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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Deep Lake Capital Acquisition Cash-to-Debt Chart

Deep Lake Capital Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Deep Lake Capital Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Deep Lake Capital Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Deep Lake Capital Acquisition'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.

Deep Lake Capital Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Deep Lake Capital Acquisition's Cash-to-Debt falls into.

Deep Lake Capital Acquisition 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.

Deep Lake Capital Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Deep Lake Capital Acquisition had no debt ⁽¹⁾.

Deep Lake Capital Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Deep Lake Capital Acquisition had no debt ⁽¹⁾.

Deep Lake Capital Acquisition (NAS:DLCAW) 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.

Deep Lake Capital Acquisition Cash-to-Debt Related Terms

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

Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Deep Lake Capital Acquisition Corp (NAS:DLCAW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

930 Tahoe Boulevard, Suite 802, PMB 381, Incline Village, NV, USA, 89451

Website

Deep Lake Capital Acquisition Corp is a blank check company.

Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Headlines

From GuruFocus

Deep Lake Capital Acquisition Corp. Announces It Will Redeem Its Public Shares

By Business Wire Business Wire • 01-03-2023

Deep Lake Capital Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 5, 2021

By Business Wire Business Wire • 03-03-2021

Deep Lake Capital Acquisition (Deep Lake Capital Acquisition) Cash-to-Debt : No Debt (1) (As of Sep. 2022)