Goal Acquisitions (Goal Acquisitions) Debt-to-Equity : -0.19 (As of Mar. 2024)

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What is Goal Acquisitions Debt-to-Equity?

Goal Acquisitions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.00 Mil. Goal Acquisitions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Goal Acquisitions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-10.37 Mil. Goal Acquisitions's debt to equity for the quarter that ended in Mar. 2024 was -0.19.

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

PUCKU' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.8 Med: 0 Max: 0.25
Current: -0.19

During the past 4 years, the highest Debt-to-Equity Ratio of Goal Acquisitions was 0.25. The lowest was -0.80. And the median was 0.00.

PUCKU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs PUCKU: -0.19

Goal Acquisitions Debt-to-Equity Historical Data

The historical data trend for Goal 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.

Goal Acquisitions Debt-to-Equity Chart

Goal Acquisitions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

4.42

-0.22

Goal Acquisitions Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	-0.80	-0.22	-0.19

Competitive Comparison of Goal Acquisitions's Debt-to-Equity

For the Shell Companies subindustry, Goal 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.

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

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

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

Goal Acquisitions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Goal Acquisitions'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
	=	(2	+	0)	/	-9.219
	=	-0.22

Goal Acquisitions's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2	+	0)	/	-10.372
	=	-0.19

Goal Acquisitions (OTCPK:PUCKU) 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.

Goal Acquisitions Debt-to-Equity Related Terms

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Goal Acquisitions (Goal Acquisitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goal Acquisitions Corp (OTCPK:PUCKU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PUCK:USA

Address

12600 Hill Country Bloulevard Building R, Suite 275, Bee Cave, TX, USA, 78738

Website

https://www.goalacquisitions.com

Goal Acquisitions Corp is a blank check company.

Executives

Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Kenneth Shropshire	director	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10011
Harvey W Schiller	officer: Chief Executive Officer	410 N. 44TH STREET, SUITE 700, PHOENIX AZ 85008
William Duffy	officer: CFO & COO	AMERICAN CHAMPION ENTERTAINMENT, 1694 THE ALAMEDA #100, SAN JOSE CA 95126
David B Falk	director
Donna Orender	director	13001 W. HWY 71, SUITE 201, AUSTIN TX 78738
Goal Acquisitions Sponsor Llc	10 percent owner	13001 W. HWY 71, SUITE 201, AUSTIN TX 78738