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FinServ Acquisition (FinServ Acquisition) Cash-to-Debt : No Debt (1) (As of Mar. 2021)


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What is FinServ 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. FinServ Acquisition's cash to debt ratio for the quarter that ended in Mar. 2021 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, FinServ Acquisition could pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

FSRV's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.71
* Ranked among companies with meaningful Cash-to-Debt only.

FinServ Acquisition Cash-to-Debt Historical Data

The historical data trend for FinServ 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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FinServ Acquisition Cash-to-Debt Chart

FinServ Acquisition Annual Data
Trend Dec19 Dec20
Cash-to-Debt
No Debt No Debt

FinServ Acquisition Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of FinServ Acquisition's Cash-to-Debt

For the Shell Companies subindustry, FinServ 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.


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

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

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



FinServ 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.

FinServ Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

FinServ Acquisition had no debt (1).

FinServ Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2021 is calculated as:

FinServ Acquisition had no debt (1).

* 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.


FinServ Acquisition  (NAS:FSRV) 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.


FinServ Acquisition Cash-to-Debt Related Terms

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


FinServ Acquisition (FinServ Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, New York, NY, USA, 10105
FinServ Acquisition Corp is a blank check company.

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