EdtechX Holdings Acquisition II (EdtechX Holdings Acquisition II) Debt-to-Equity : 0.51 (As of Mar. 2023)

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What is EdtechX Holdings Acquisition II Debt-to-Equity?

EdtechX Holdings Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.85 Mil. EdtechX Holdings Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. EdtechX Holdings Acquisition II's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $1.67 Mil. EdtechX Holdings Acquisition II's debt to equity for the quarter that ended in Mar. 2023 was 0.51.

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

EDTXU' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.31 Med: 0.02 Max: 47
Current: 0.51

During the past 3 years, the highest Debt-to-Equity Ratio of EdtechX Holdings Acquisition II was 47.00. The lowest was -0.31. And the median was 0.02.

EDTXU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs EDTXU: 0.51

EdtechX Holdings Acquisition II Debt-to-Equity Historical Data

The historical data trend for EdtechX Holdings Acquisition II'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.

EdtechX Holdings Acquisition II Debt-to-Equity Chart

EdtechX Holdings Acquisition II Annual Data

Trend

Jun20

Jun21

Jun22

Debt-to-Equity

0.33

0.01

EdtechX Holdings Acquisition II Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial							-	0.01	0.03	-0.31	0.51

Competitive Comparison of EdtechX Holdings Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, EdtechX Holdings Acquisition II'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.

EdtechX Holdings Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

EdtechX Holdings Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EdtechX Holdings Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Jun. 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	+	0.25)	/	17.94
	=	0.01

EdtechX Holdings Acquisition II's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.85	+	0)	/	1.673
	=	0.51

EdtechX Holdings Acquisition II (NAS:EDTXU) 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.

EdtechX Holdings Acquisition II Debt-to-Equity Related Terms

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

EdtechX Holdings Acquisition II (EdtechX Holdings Acquisition II) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o IBIS Capital Limited, 22 Soho Square, London, GBR, W1D 4NS

Website

EdtechX Holdings Acquisition Corp II is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

A1 Capital Advisory Asia Ltd	10 percent owner	22 SOHO SQUARE, LONDON X0 W1D 4NS
Benjamin Vedrenne-cloquet	director, 10 percent owner, officer: Chief Executive Officer	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Charles Mcintyre	director, 10 percent owner, officer: Chairman and Chief Investment	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Ibis Capital Sponsor Ii Edtechx Llc	10 percent owner	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Ibis Capital Sponsor Ii Llc	10 percent owner	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Chamberlain Henry William Haywood	director	6 NEW ROAD, GREAT TEW, CHIPPING NORTON X0 OX7 4AG
Rory Henson	officer: Chief Financial Officer	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Michael Longoni	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Emma C. Davies	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS
Paula Olson	director	C/O IBIS CAPITAL LIMITED, 22 SOHO SQUARE, LONDON X0 W1D 4NS

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