ASPAC I Acquisition (ASPAC I Acquisition) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is ASPAC I Acquisition Debt-to-Equity?

ASPAC I Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.63 Mil. ASPAC I Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. ASPAC I Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15.60 Mil. ASPAC I Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ASPAC I Acquisition's Debt-to-Equity or its related term are showing as below:

ASCA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 4.79 Max: 9.48
Current: 0.1

During the past 3 years, the highest Debt-to-Equity Ratio of ASPAC I Acquisition was 9.48. The lowest was 0.10. And the median was 4.79.

ASCA's Debt-to-Equity is ranked better than
55.66% of 309 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs ASCA: 0.10

ASPAC I Acquisition Debt-to-Equity Historical Data

The historical data trend for ASPAC I Acquisition's Debt-to-Equity 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.

* Premium members only.

ASPAC I Acquisition Debt-to-Equity Chart

ASPAC I Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

9.48

0.10

ASPAC I Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-	0.02	0.03	0.04	0.10

Competitive Comparison of ASPAC I Acquisition's Debt-to-Equity

For the Shell Companies subindustry, ASPAC I Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

ASPAC I Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ASPAC I Acquisition's Debt-to-Equity falls into.

ASPAC I Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASPAC I Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.625	+	0)	/	15.597
	=	0.10

ASPAC I Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.625	+	0)	/	15.597
	=	0.10

ASPAC I Acquisition (NAS:ASCA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ASPAC I Acquisition Debt-to-Equity Related Terms

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ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ASPAC I Acquisition Corp (NAS:ASCA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983

Website

ASPAC I Acquisition Corp is a blank check company .

Executives

Claudius Tsang	officer: CEO and CFO	WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Spac (holdings) Acquisition Corp.	10 percent owner	CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000
John Brebeck	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Abuzzal Abusaeri	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Giang Hoang Nguyen	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983

ASPAC I Acquisition (ASPAC I Acquisition) Headlines

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