Williams Rowland Acquisition (Williams Rowland Acquisition) Cash-to-Debt : 0.08 (As of Sep. 2023)

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What is Williams Rowland 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. Williams Rowland Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.08.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Williams Rowland Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

WRAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.41 Max: No Debt
Current: 0.08

During the past 2 years, Williams Rowland Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.41.

WRAC's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs WRAC: 0.08

Williams Rowland Acquisition Cash-to-Debt Historical Data

The historical data trend for Williams Rowland 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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Williams Rowland Acquisition Cash-to-Debt Chart

Williams Rowland Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

4.90

0.72

Williams Rowland Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						0.22	0.72	-	0.19	0.08

Competitive Comparison of Williams Rowland Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Williams Rowland 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.

Williams Rowland Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Williams Rowland 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.

Williams Rowland 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)
	=	0.484	/	(0.675	+	0)
	=	0.72

Williams Rowland Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	0.101	/	(1.325	+	0)
	=	0.08

Williams Rowland Acquisition (AMEX:WRAC) 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.

Williams Rowland Acquisition Cash-to-Debt Related Terms

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

Williams Rowland Acquisition (Williams Rowland Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Williams Rowland Acquisition Corp (AMEX:WRAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Post Road East, Westport, CT, USA, 06880

Website

https://www.williamsrowland.com

Williams Rowland Acquisition Corp is a blank check company.

Executives

David Brewster Williams	director, officer: Co- Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880
Tomago Collins	director	18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Kunkler William Charles Iii	director	222 N. LASALLE STREET, SUITE 1000, CHICAGO IL 60601
Brent Mcintosh	director	450 POST RD. EAST, WESTPORT CT 06880
Betsy L. Battle	director	450 POST RD EAST, WESTPORT CT 06880
Williams Rowland Sponsor Llc	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Wrac Ltd.	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Jonathan David Rowland	director, officer: Co-Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880

Williams Rowland Acquisition (Williams Rowland Acquisition) Headlines

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