Crown PropTech Acquisitions (Crown PropTech Acquisitions) Debt-to-Equity : 0.02 (As of Jun. 2023)

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What is Crown PropTech Acquisitions Debt-to-Equity?

Crown PropTech Acquisitions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.80 Mil. Crown PropTech Acquisitions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Crown PropTech Acquisitions's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $41.11 Mil. Crown PropTech Acquisitions's debt to equity for the quarter that ended in Jun. 2023 was 0.02.

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 Crown PropTech Acquisitions's Debt-to-Equity or its related term are showing as below:

CPTK.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.95
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of Crown PropTech Acquisitions was 3.95. The lowest was 0.00. And the median was 0.00.

CPTK.U's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs CPTK.U: 0.02

Crown PropTech Acquisitions Debt-to-Equity Historical Data

The historical data trend for Crown PropTech Acquisitions'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.

Crown PropTech Acquisitions Debt-to-Equity Chart

Crown PropTech Acquisitions Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

3.95

Crown PropTech Acquisitions Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial						-	-	-	0.02	0.02

Competitive Comparison of Crown PropTech Acquisitions's Debt-to-Equity

For the Shell Companies subindustry, Crown PropTech Acquisitions'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.

Crown PropTech Acquisitions's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Crown PropTech Acquisitions's Debt-to-Equity falls into.

Crown PropTech Acquisitions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crown PropTech Acquisitions's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.666	+	0)	/	278.486
	=	0.00

Crown PropTech Acquisitions's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.801	+	0)	/	41.111
	=	0.02

Crown PropTech Acquisitions (NYSE:CPTK.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.

Crown PropTech Acquisitions Debt-to-Equity Related Terms

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Crown PropTech Acquisitions (Crown PropTech Acquisitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crown PropTech Acquisitions (NYSE:CPTK.U) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CPTK:USA

Address

28 West 25th Street, Floor 6, New York, NY, USA, 10010

Website

https://www.crownproptech.com

Crown PropTech Acquisitions is a blank check company.

Executives

Christopher Thomas Rogers	director	2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Gavin Cuneo	officer: Co-Chief Executive Officer	40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick	10 percent owner, officer: Co-Chief Executive Officer	40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc	10 percent owner	40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel	director	200 PARK AVE, NEW YORK NY 10166
Pius Sprenger	director, officer: Chief Financial Officer	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay	director	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle	director	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera	director, officer: Chief Executive Officer	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc	10 percent owner	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065