Fat Projects Acquisition (Fat Projects Acquisition) Cash-to-Debt : 0.01 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Fat Projects 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. Fat Projects Acquisition's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.01.

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, Fat Projects Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

FATP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.01

During the past 2 years, Fat Projects Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

FATP's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs FATP: 0.01

Fat Projects Acquisition Cash-to-Debt Historical Data

The historical data trend for Fat Projects 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.

* Premium members only.

Fat Projects Acquisition Cash-to-Debt Chart

Fat Projects Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

0.81

Fat Projects Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	0.81	0.02	0.01

Competitive Comparison of Fat Projects Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Fat Projects 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.

Fat Projects Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Fat Projects 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.

Fat Projects Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.073	/	(0.09	+	0)
	=	0.81

Fat Projects Acquisition's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.004	/	(0.788	+	0)
	=	0.01

Fat Projects Acquisition (NAS:FATP) 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.

Fat Projects Acquisition Cash-to-Debt Related Terms

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

Fat Projects Acquisition (Fat Projects Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fat Projects Acquisition Corp (NAS:FATP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Bukit Manis Road, Sentosa Golf Club, Singapore, SGP, 099892

Website

https://www.fatprojectscorp.com

Fat Projects Acquisition Corp is a blank check company.

Executives

David E Shaw	10 percent owner	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw Valence Portfolios, L.l.c.	10 percent owner	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p.	10 percent owner	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c.	10 percent owner	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Aqr Capital Management Holdings, Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Fat Projects International Investments & Holdings Ltd	10 percent owner	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Aqr Capital Management Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Fat Projects Spac Pte. Ltd.	10 percent owner	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Stan Sugarman	director	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Tristan Lo	director, 10 percent owner, officer: Co-Chief Executive Officer	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Tina Wyer	director	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Nils Michaelis	officer: President, COO, Head of M&A	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892
Samir Addamine	director	27 BUKIT MANIS ROAD, SENTOSA GOLF CLUB, SINGAPORE U0 099892