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Healthcare AI Acquisition (Healthcare AI Acquisition) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Healthcare AI Acquisition Debt-to-Equity?

Healthcare AI Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. Healthcare AI Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Healthcare AI Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.44 Mil. Healthcare AI Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

HAIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.04
Current: 0.04

During the past 3 years, the highest Debt-to-Equity Ratio of Healthcare AI Acquisition was 0.04. The lowest was 0.00. And the median was 0.02.

HAIA's Debt-to-Equity is ranked better than
75.5% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs HAIA: 0.04

Healthcare AI Acquisition Debt-to-Equity Historical Data

The historical data trend for Healthcare AI 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.

Healthcare AI Acquisition Debt-to-Equity Chart

Healthcare AI Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.04

Healthcare AI Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.04 0.04

Competitive Comparison of Healthcare AI Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Healthcare AI 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.

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

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

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


Healthcare AI Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthcare AI 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
=(0.216 + 0) / 5.444
=0.04

Healthcare AI 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
=(0.216 + 0) / 5.444
=0.04

* 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.

Healthcare AI Acquisition  (NAS:HAIA) 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.

Healthcare AI Acquisition Debt-to-Equity Related Terms

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

Healthcare AI Acquisition (Healthcare AI Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Healthcare AI Acquisition Corp (NAS:HAIA) » Definitions » Debt-to-Equity
Comparable Companies
YOTA NUBI SWSS CREEF AEAE GGAAF LIBY OAKU ARTE GTAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9008
Website
Healthcare AI Acquisition Corp is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Atticus Ale, Llc 10 percent owner 8 THE GREEN, SUITE 15614, DOVER DE 19901
Zikang Wu director, 10 percent owner, officer: Chief Executive Officer PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Yuerong Tang director 8 THE GREEN, SUITE 15614, DOVER DE 19901
Hao Tian director 8 THE GREEN, SUITE 15614, DOVER DE 19901
Zixun Jin director 8 THE GREEN, SUITE 15614, DOVER DE 19901
Weiyi Zheng director 8 THE GREEN, SUITE 15614, DOVER DE 19901
Robert Piconi director C/O HEALTHCARE AI ACQUISITION, 7 STANLEY GARDENS, LONDON X0 W112ND
Elizabeth K Weymouth director 55 HUDSON YARDS, 44TH FLOOR, NEW YORK NY 10001
Xavier Flinois director
James William Brooks director 7 STANLEY GARDENS, LONDON X0 W112ND
Patrick Hargutt director, officer: Chief Financial Officer 7 STANLEY GARDENS, LONDON X0 W112ND
Simon Lyall-cottle director, officer: Chief Executive Officer 7 STANLEY GARDENS, LONDON X0 W112ND
Healthcare Ai Acquisition Llc 10 percent owner 7 STANLEY GARDENS, LONDON X0 W112ND
Greg Caswill director C/O HEALTHCARE AI ACQUISITION, 7 STANLEY GARDENS, LONDON X0 W112ND