Valor Latitude Acquisition (Valor Latitude Acquisition) Cash-to-Debt : 2.20 (As of Dec. 2022)

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What is Valor Latitude 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. Valor Latitude Acquisition's cash to debt ratio for the quarter that ended in Dec. 2022 was 2.20.

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, Valor Latitude Acquisition could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

VLATU' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.2 Med: 5001.1 Max: No Debt
Current: 2.2

During the past 2 years, Valor Latitude Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 2.20. And the median was 5001.10.

VLATU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.355 vs VLATU: 2.20

Valor Latitude Acquisition Cash-to-Debt Historical Data

The historical data trend for Valor Latitude 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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Valor Latitude Acquisition Cash-to-Debt Chart

Valor Latitude Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

2.20

Valor Latitude Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	1.97	1.70	2.20

Competitive Comparison of Valor Latitude Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Valor Latitude 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.

Valor Latitude Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Valor Latitude 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.

Valor Latitude 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)
	=	0.132	/	(0	+	0.06)
	=	2.20

Valor Latitude Acquisition's Cash to Debt Ratio for the quarter 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)
	=	0.132	/	(0	+	0.06)
	=	2.20

Valor Latitude Acquisition (NAS:VLATU) 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.

Valor Latitude Acquisition Cash-to-Debt Related Terms

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Valor Latitude Acquisition (Valor Latitude Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Valor Latitude Acquisition Corp (NAS:VLATU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104

Website

https://www.valorlatitude.com

Valor Latitude Acquisition Corp is a blank check company.

Executives

Phoenix Spac Holdco Llc	10 percent owner	600 BRICKELL AVENUE, SUITE 2650, MIAMI FL 33131
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Sbla Latin America Fund Llc	10 percent owner	200 S. BISCAYNE BLVD., 19TH FLOOR, MIAMI FL 33131
Sla Investments Iv Llc	10 percent owner	200 S. BISCAYNE BLVD., 19TH FLOOR, MIAMI FL 33131
Sbla Investments Ii Llc	10 percent owner	200 S. BISCAYNE BLVD., 19TH FLOOR, MIAMI FL 33131
Sbla Holdings (cayman) L.p.	10 percent owner	200 S. BISCAYNE BLVD., 19TH FLOOR, MIAMI FL 33131
Sb Global Advisers Ltd	10 percent owner	69 GROSVENOR STREET, LONDON X0 W1K 3JP
John G Bruno	director
Ricardo Knoepfelmacher	director	C/O 1875 EXPLORER STREET, SUITE 1000, RESTON VA 20190
J. Douglas Smith	officer: Chief Financial Officer	10 E 53RD ST., NEW YORK NY 10022
Helio L. Magalhaes	director	10 E 53RD ST., NEW YORK NY 10022
Scott Sobel	director	UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Valor Latitude Llc	10 percent owner	UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Mello Freire Neto Mario	director, officer: Chief Executive Officer	10 E 53RD ST., NEW YORK NY 10022
Linda Rottenberg	director	1805 29TH ST, STE 2050, BOULDER CO 80302

Valor Latitude Acquisition (Valor Latitude Acquisition) Headlines

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