Keen Vision Acquisition (Keen Vision Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Keen Vision 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. Keen Vision Acquisition's cash to debt ratio for the quarter that ended in Mar. 2024 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, Keen Vision Acquisition could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 Keen Vision Acquisition's Cash-to-Debt or its related term are showing as below:

KVAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.45 Max: No Debt
Current: 1.72

During the past 3 years, Keen Vision Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.45.

KVAC's Cash-to-Debt is ranked worse than
51.79% of 475 companies
in the Diversified Financial Services industry
Industry Median: 2.24 vs KVAC: 1.72

Keen Vision Acquisition Cash-to-Debt Historical Data

The historical data trend for Keen Vision 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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Keen Vision Acquisition Cash-to-Debt Chart

Keen Vision Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.21

0.45

No Debt

Keen Vision Acquisition Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial					-	0.02	No Debt	No Debt	No Debt

Competitive Comparison of Keen Vision Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Keen Vision 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.

Keen Vision Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Keen Vision 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.

Keen Vision Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Keen Vision Acquisition had no debt ⁽¹⁾.

Keen Vision Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Keen Vision Acquisition had no debt ⁽¹⁾.

Keen Vision Acquisition (NAS:KVAC) 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.

Keen Vision Acquisition Cash-to-Debt Related Terms

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

Keen Vision Acquisition (Keen Vision Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Keen Vision Acquisition Corp (NAS:KVAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Greenbriar Drive, Summit, NJ, USA

Website

Keen Vision Acquisition Corp is a blank check company.

Executives

Kvc Sponsor Llc	10 percent owner	37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Albert Cheung-hoi Yu	director	37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Ronald Adolphus Li	director	37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Alex Davidkhanian	director, officer: Director and CFO	37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Yibing Ding	director	37 GREENBRIAR DRIVE, SUMMIT NJ 07901
Wong Ka Chun Kenneth	director, officer: Chairman and CEO	37 GREENBRIAR DRIVE, SUMMIT NJ 07901