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Seaport Global Acquisition II (Seaport Global Acquisition II) Debt-to-Equity : 0.05 (As of Sep. 2023)


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What is Seaport Global Acquisition II Debt-to-Equity?

Seaport Global Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.20 Mil. Seaport Global Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Seaport Global Acquisition II's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $23.91 Mil. Seaport Global Acquisition II's debt to equity for the quarter that ended in Sep. 2023 was 0.05.

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

SGIIU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 4.35
Current: 0.05

During the past 2 years, the highest Debt-to-Equity Ratio of Seaport Global Acquisition II was 4.35. The lowest was 0.01. And the median was 0.03.

SGIIU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs SGIIU: 0.05

Seaport Global Acquisition II Debt-to-Equity Historical Data

The historical data trend for Seaport Global 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.

Seaport Global Acquisition II Debt-to-Equity Chart

Seaport Global Acquisition II Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- -

Seaport Global Acquisition II Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only - - 0.01 0.02 0.05

Competitive Comparison of Seaport Global Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, Seaport Global 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.

Seaport Global Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Seaport Global Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seaport Global Acquisition II'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 + 0) / 141.774
=0.00

Seaport Global Acquisition II's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(1.2 + 0) / 23.909
=0.05

* 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.

Seaport Global Acquisition II  (NAS:SGIIU) 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.

Seaport Global Acquisition II Debt-to-Equity Related Terms

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Seaport Global Acquisition II (Seaport Global Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Seaport Global Acquisition II Corp (NAS:SGIIU) » Definitions » Debt-to-Equity
Comparable Companies
VHAQ GBBK HNRA IGTA INAQ FRLA HPLT FEXD RFAC GTAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
360 Madison Avenue, 20th Floor, New York, NY, USA, 10017
Website
https://www.seaportglobalacquisition2.com
Seaport Global Acquisition II Corp is a blank check company.