Forum Merger IV (Forum Merger IV) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is Forum Merger IV 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. Forum Merger IV's cash to debt ratio for the quarter that ended in Mar. 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, Forum Merger IV could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Forum Merger IV's Cash-to-Debt or its related term are showing as below:

FMIVU' 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, Forum Merger IV's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

FMIVU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.34 vs FMIVU: No Debt

Forum Merger IV Cash-to-Debt Historical Data

The historical data trend for Forum Merger IV'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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Forum Merger IV Cash-to-Debt Chart

Forum Merger IV Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Forum Merger IV Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Forum Merger IV's Cash-to-Debt

For the Shell Companies subindustry, Forum Merger IV'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.

Forum Merger IV's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Forum Merger IV's Cash-to-Debt falls into.

Forum Merger IV 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.

Forum Merger IV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Forum Merger IV had no debt ⁽¹⁾.

Forum Merger IV's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

Forum Merger IV had no debt ⁽¹⁾.

Forum Merger IV (NAS:FMIVU) 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.

Forum Merger IV Cash-to-Debt Related Terms

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

Forum Merger IV (Forum Merger IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Forum Merger IV Corp (NAS:FMIVU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445

Website

https://www.forummerger.com

Forum Merger IV Corp is a blank check company.

Executives

Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bofa Securities, Inc.	10 percent owner	100 N TRYON ST, NC1-007-14-30, CHARLOTTE NC 28255
Steven Berns	director	TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David Boris	director, 10 percent owner, officer: Co-CEO, CFO	C/O TRIO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Marshall Kiev	director, 10 percent owner, officer: Co-CEO, President	135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Richard Katzman	director	KAZ INC, 1775 BROADWAY SUITE 2405, NEW YORK NY 10019
Neil Goldberg	director	135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Tory Kiam	director	1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Capital Management Iv Llc	director, 10 percent owner	1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Investors Iv Llc	director, 10 percent owner, other: *Director by Deputization	1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445