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Model Performance Acquisition (Model Performance Acquisition) Debt-to-Equity : 0.15 (As of Sep. 2022)


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What is Model Performance Acquisition Debt-to-Equity?

Model Performance Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.69 Mil. Model Performance Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Model Performance Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $18.47 Mil. Model Performance Acquisition's debt to equity for the quarter that ended in Sep. 2022 was 0.15.

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 Model Performance Acquisition's Debt-to-Equity or its related term are showing as below:

MPAC's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Model Performance Acquisition Debt-to-Equity Historical Data

The historical data trend for Model Performance 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.

Model Performance Acquisition Debt-to-Equity Chart

Model Performance Acquisition Annual Data
Trend Dec21
Debt-to-Equity
-

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial - - - 0.05 0.15

Competitive Comparison of Model Performance Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Model Performance 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.

Model Performance Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Model Performance Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Model Performance Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(0 + 0) / 55.782
=0.00

Model Performance Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
=(2.685 + 0) / 18.468
=0.15

* 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.

Model Performance Acquisition  (NAS:MPAC) 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.

Model Performance Acquisition Debt-to-Equity Related Terms

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

Model Performance Acquisition (Model Performance Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Model Performance Acquisition Corp (NAS:MPAC) » Definitions » Debt-to-Equity
Comparable Companies
GBRG THCA BSGA NOVV GPCO GDST LNFA PPHP PAFO MCAF GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.