Adara Acquisition (Adara Acquisition) Debt-to-Equity : 0.00 (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Adara Acquisition Debt-to-Equity?

Adara Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.44 Mil. Adara Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Adara Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $113.47 Mil. Adara Acquisition's debt to equity for the quarter that ended in Sep. 2022 was 0.00.

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

During the past 2 years, the highest Debt-to-Equity Ratio of Adara Acquisition was 30.00. The lowest was 0.00. And the median was 0.00.

ADRA.U's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Adara Acquisition Debt-to-Equity Historical Data

The historical data trend for Adara 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.

Adara Acquisition Debt-to-Equity Chart

Adara Acquisition Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

30.00

Adara Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Adara Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Adara 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.

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

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

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

Adara Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adara 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)	/	111.783
	=	0.00

Adara 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
	=	(0.436	+	0)	/	113.473
	=	0.00

Adara Acquisition (AMEX:ADRA.U) 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.

Adara Acquisition Debt-to-Equity Related Terms

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

Adara Acquisition (Adara Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adara Acquisition Corp (AMEX:ADRA.U) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8845 Red Oak Boulevard, Charlotte, NC, USA, 28217

Website

https://www.adaraspac.com

Adara Acquisition Corp is a blank check company.

Executives

Paul Eibeler	director	C/O MOOMJIAN & WAITE, LLP, 100 JERICHO QUADRANGLE STE 225, JERICHO NY 11753
Ogilvie Bruce A Jr	director, 10 percent owner, officer: See Remarks	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
John Edwin Kutch	officer: Chief Financial Officer	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Chris Nagelson	director	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Terilea J Wielenga	director	25 CEDAR RIDGE, IRVINE CA 92603
Jeffrey Clinton Walker	director, 10 percent owner, officer: Chief Executive Officer	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Dylan Glenn	director	535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Martin A. Sumichrast	director, 10 percent owner, officer: Chief Executive Officer	11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277
Thomas M Finke	director	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Paul G Porter	officer: Chief Financial Officer	7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Adara Sponsor Llc	10 percent owner	8845 RED OAK BOULEVARD, CHARLOTTE NC 28217
Donaldson Walter Tommy Iii	director	211 EAST BLVD., CHARLOTTE NC 28203
Beatriz Acevedo-greiff	director	1023 MAPLE STREET, SANTA MONICA CA 90405
Frank Quintero	director	1966 DEERMONT RD, GLENDALE CA 91207

Adara Acquisition (Adara Acquisition) Headlines

From GuruFocus

INVESTIGATION NOTICE: Halper Sadeh LLP Investigates PSB, HMTV, ADRA

By PRNewswire PRNewswire • 07-06-2022