Kismet Acquisition Three (Kismet Acquisition Three) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2022)

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

KIIIU' 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, Kismet Acquisition Three's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

KIIIU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs KIIIU: No Debt

Kismet Acquisition Three Cash-to-Debt Historical Data

The historical data trend for Kismet Acquisition Three'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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Kismet Acquisition Three Cash-to-Debt Chart

Kismet Acquisition Three Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Kismet Acquisition Three Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Kismet Acquisition Three's Cash-to-Debt

For the Shell Companies subindustry, Kismet Acquisition Three'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.

Kismet Acquisition Three's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Kismet Acquisition Three 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.

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

Kismet Acquisition Three had no debt ⁽¹⁾.

Kismet Acquisition Three's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

Kismet Acquisition Three had no debt ⁽¹⁾.

Kismet Acquisition Three (OTCPK:KIIIU) 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.

Kismet Acquisition Three Cash-to-Debt Related Terms

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Kismet Acquisition Three (Kismet Acquisition Three) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kismet Acquisition Three Corp (OTCPK:KIIIU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Library Avenue, Suite 204, Newark, DE, USA, 19715

Website

Kismet Acquisition Three Corp is a blank check company.

Executives

Ivan Tavrin	director, 10 percent owner, officer: Chairman and CEO	C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Clifford Tompsett	director	C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Kismet Sponsor Ltd	10 percent owner	3RD FLOOR, YARMRAJ BUILDING, MARKET SQ, P.O. BOX 3175, ROAD TOWN, TORTOLA D8 VG1110
Ross Lukatsevich	director	C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715
Martin Avetisyan	director	C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715