Hainan Manaslu Acquisition (Hainan Manaslu Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

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

HMACU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 5000.11 Max: No Debt
Current: No Debt

During the past 2 years, Hainan Manaslu Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 5000.11.

HMACU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.48 vs HMACU: No Debt

Hainan Manaslu Acquisition Cash-to-Debt Historical Data

The historical data trend for Hainan Manaslu 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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Hainan Manaslu Acquisition Cash-to-Debt Chart

Hainan Manaslu Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.22

No Debt

Hainan Manaslu Acquisition Semi-Annual Data
	Dec21	Dec22
Cash-to-Debt	0.22	No Debt

Competitive Comparison of Hainan Manaslu Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Hainan Manaslu 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.

Hainan Manaslu Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Hainan Manaslu 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.

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

Hainan Manaslu Acquisition had no debt ⁽¹⁾.

Hainan Manaslu Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Hainan Manaslu Acquisition had no debt ⁽¹⁾.

Hainan Manaslu Acquisition (NAS:HMACU) 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.

Hainan Manaslu Acquisition Cash-to-Debt Related Terms

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Hainan Manaslu Acquisition (Hainan Manaslu Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hainan Manaslu Acquisition Corp (NAS:HMACU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Guoxing Avenue, B3406, 34th Floor, West Tower, Block B, Guorui Building, Hainan Province, Haikou, CHN, 570203

Website

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

Executives

Zhifan Zhou	director, 10 percent owner, officer: Chief Executive Officer	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Bright Winlong Llc	10 percent owner	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
John Roumeliotis	director	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Wenyi Shen	officer: Chief Financial Officer	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Hong Ma	director	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Xun Zhang	director, officer: Chief Investment Officer	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Kun-lin Liu	director	B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000