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

AIB Acquisition (AIB Acquisition) Debt-to-Equity : 0.18 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is AIB Acquisition Debt-to-Equity?

AIB Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.10 Mil. AIB Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. AIB Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.20 Mil. AIB Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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

AIB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 68.34   Max: 136.5
Current: 0.18

During the past 3 years, the highest Debt-to-Equity Ratio of AIB Acquisition was 136.50. The lowest was 0.18. And the median was 68.34.

AIB's Debt-to-Equity is ranked worse than
66.45% of 304 companies
in the Diversified Financial Services industry
Industry Median: 0.115 vs AIB: 0.18

AIB Acquisition Debt-to-Equity Historical Data

The historical data trend for AIB 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.

AIB Acquisition Debt-to-Equity Chart

AIB Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
136.50 - 0.18

AIB Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 0.12 0.14 0.18

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

For the Shell Companies subindustry, AIB 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.

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

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

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


AIB Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AIB 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
=(1.1 + 0) / 6.204
=0.18

AIB 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
=(1.1 + 0) / 6.204
=0.18

* 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.

AIB Acquisition  (NAS:AIB) 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.

AIB Acquisition Debt-to-Equity Related Terms

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

AIB Acquisition (AIB Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AIB Acquisition Corp (NAS:AIB) » Definitions » Debt-to-Equity
Comparable Companies
GDNR DKDCA ACBA ADOC WAVS XITO OTEC FATP CPBI ADRT PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
875 Third Avenue, Suite M204A, New York, NY, USA, 10022
Website
AIB Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Jie Gao officer: Chief Financial Officer 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
David Knower director C/O VISTAS ACQUISITION COMPANY II INC., 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Eric Yi-chung Chen director, 10 percent owner, officer: Chief Executive Officer 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
Axel Hoerger director 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
David Issac Adelman director 875 3RD AVENUE SUITE M204A, NEW YORK NY 10022
Aib Llc 10 percent owner 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022