Cascade Acquisition (Cascade Acquisition) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Mar. 2022)

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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. Cascade Acquisition'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, Cascade Acquisition 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 Cascade Acquisition's Cash-to-Debt or its related term are showing as below:

CAS's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.4
* Ranked among companies with meaningful Cash-to-Debt only.

Cascade Acquisition Cash-to-Debt Historical Data

The historical data trend for Cascade 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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Cascade Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Cascade Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt		No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Shell Companies subindustry, Cascade 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.

Cascade Acquisition Cash-to-Debt Distribution

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

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

Cascade 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.

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

Cascade Acquisition had no debt ⁽¹⁾.

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

Cascade Acquisition had no debt ⁽¹⁾.

Cascade Acquisition (NYSE:CAS) 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.

Cascade Acquisition Cash-to-Debt Related Terms

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

Cascade Acquisition (Cascade Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cascade Acquisition Corp (NYSE:CAS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139

Website

https://www.cascadespac.com

Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Roy A Guthrie	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Clayton Deutsch	director	TEN POST OFFICE SQUARE, BOSTON MA 02109
Daniel J. Hirsch	officer: Chief Operating Officer & CFO	748 DIAMOND STREET, SAN FRANCISCO CA 94114
Julia S Gouw	director	415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Jay N. Levine	director, 10 percent owner, officer: Chief Executive Officer	C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Cascade Acquisition Holdings Llc	10 percent owner	1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Gene Weil	director, 10 percent owner	1900 SUNSET HARBOUR DR. SUITE 2102, MIAMI BEACH FL 33139
Kevin Ryan	director	1900 SUNSET HARBOUR DRIVE SUITE 2102, MIAMI BEACH FL 33139