EdtechX Holdings Acquisition II (EdtechX Holdings Acquisition II) Cash-to-Debt : 0.10 (As of Mar. 2023)

View and export this data going back to 2020. Start your Free Trial

What is EdtechX Holdings Acquisition II 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. EdtechX Holdings Acquisition II's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.10.

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, EdtechX Holdings Acquisition II couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for EdtechX Holdings Acquisition II's Cash-to-Debt or its related term are showing as below:

EDTXU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 9.43 Max: No Debt
Current: 0.1

During the past 3 years, EdtechX Holdings Acquisition II's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 9.43.

EDTXU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.56 vs EDTXU: 0.10

EdtechX Holdings Acquisition II Cash-to-Debt Historical Data

The historical data trend for EdtechX Holdings Acquisition II'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.

* Premium members only.

EdtechX Holdings Acquisition II Cash-to-Debt Chart

EdtechX Holdings Acquisition II Annual Data

Trend

Jun20

Jun21

Jun22

Cash-to-Debt

No Debt

0.43

EdtechX Holdings Acquisition II Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	0.43	0.02	0.02	0.10

Competitive Comparison of EdtechX Holdings Acquisition II's Cash-to-Debt

For the Shell Companies subindustry, EdtechX Holdings Acquisition II'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.

EdtechX Holdings Acquisition II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where EdtechX Holdings Acquisition II's Cash-to-Debt falls into.

EdtechX Holdings Acquisition II 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.

EdtechX Holdings Acquisition II's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.107	/	(0	+	0.25)
	=	0.43

EdtechX Holdings Acquisition II's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
	=	0.083	/	(0.85	+	0)
	=	0.10

EdtechX Holdings Acquisition II (NAS:EDTXU) 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.

EdtechX Holdings Acquisition II Cash-to-Debt Related Terms

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

EdtechX Holdings Acquisition II (EdtechX Holdings Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » EdtechX Holdings Acquisition Corp II (NAS:EDTXU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o IBIS Capital Limited, 22 Soho Square, London, GBR, W1D 4NS

Website

EdtechX Holdings Acquisition Corp II is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

A1 Capital Advisory Asia Ltd	10 percent owner	22 SOHO SQUARE, LONDON X0 W1D 4NS
Benjamin Vedrenne-cloquet	director, 10 percent owner, officer: Chief Executive Officer	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Charles Mcintyre	director, 10 percent owner, officer: Chairman and Chief Investment	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Ibis Capital Sponsor Ii Edtechx Llc	10 percent owner	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Ibis Capital Sponsor Ii Llc	10 percent owner	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Chamberlain Henry William Haywood	director	6 NEW ROAD, GREAT TEW, CHIPPING NORTON X0 OX7 4AG
Rory Henson	officer: Chief Financial Officer	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Michael Longoni	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Emma C. Davies	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Paula Olson	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS

EdtechX Holdings Acquisition II (EdtechX Holdings Acquisition II) Headlines

From GuruFocus

EdtechX Holdings Acquisition Corp. II Announces Process and Timing of Liquidating Trust Account

By GlobeNewswire • 08-30-2023

zSpace, Inc., a Leading Augmented and Virtual Reality Educational Technology Platform for K-12 and Workforce Development, to Become Publicly Traded Through a Combination with EdtechX Holdings Acquisition Corp. II

By GuruFocusNews GuruFocusNews • 06-26-2022

EdtechX Holdings Acquisition Corp. II and zSpace to Present at the Oppenheimer 25th Annual Technology, Internet & Communications Conference

By PurpleRose PurpleRose • 08-09-2022

By GuruFocusNews GuruFocusNews • 05-17-2022

EdtechX Holdings Acquisition Corp. II and IBIS Capital launch new ESG and Impact evaluation methodology for edtech investments

By GuruFocusNews GuruFocusNews • 11-25-2021

By GuruFocusNews GuruFocusNews • 07-06-2022

By GuruFocusNews GuruFocusNews • 06-06-2022

By GuruFocusNews GuruFocusNews • 06-16-2022

EdtechX Holdings Acquisition Corp. II and IBIS Capital launch new ESG and Impact evaluation methodology for edtech investments

By GlobeNewswire GlobeNewswire • 11-25-2021

By GuruFocusNews GuruFocusNews • 05-27-2022