Coliseum Acquisition (Coliseum Acquisition) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Coliseum Acquisition Debt-to-Equity?

Coliseum Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.50 Mil. Coliseum Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Coliseum Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $28.40 Mil. Coliseum Acquisition's debt to equity for the quarter that ended in Dec. 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 Coliseum Acquisition's Debt-to-Equity or its related term are showing as below:

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

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

MITAU's Debt-to-Equity is ranked better than
89.93% of 298 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs MITAU: 0.02

Coliseum Acquisition Debt-to-Equity Historical Data

The historical data trend for Coliseum 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.

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Coliseum Acquisition Debt-to-Equity Chart

Coliseum Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

Coliseum Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	0.01	0.02

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

For the Shell Companies subindustry, Coliseum 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.

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

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

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

Coliseum Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coliseum 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
	=	(0.5	+	0)	/	28.4
	=	0.02

Coliseum 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
	=	(0.5	+	0)	/	28.4
	=	0.02

Coliseum Acquisition (NAS:MITAU) 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.

Coliseum Acquisition Debt-to-Equity Related Terms

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