Atlas Crest Investment II (Atlas Crest Investment II) Cash-to-Debt : 3.82 (As of Sep. 2022)

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What is Atlas Crest Investment II Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Atlas Crest Investment II's cash to debt ratio for the quarter that ended in Sep. 2022 was 3.82.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Atlas Crest Investment II could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Atlas Crest Investment II's Cash-to-Debt or its related term are showing as below:

ACII's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.56
* Ranked among companies with meaningful Cash-to-Debt only.

Atlas Crest Investment II Cash-to-Debt Historical Data

The historical data trend for Atlas Crest Investment II's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Atlas Crest Investment II Cash-to-Debt Chart

Atlas Crest Investment II Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

1.08

No Debt

Atlas Crest Investment II Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	2.78	2.26	3.82

Competitive Comparison of Atlas Crest Investment II's Cash-to-Debt

For the Shell Companies subindustry, Atlas Crest Investment II's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Atlas Crest Investment II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Atlas Crest Investment II's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Atlas Crest Investment II's Cash-to-Debt falls into.

Atlas Crest Investment II Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Atlas Crest Investment II's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Atlas Crest Investment II had no debt ⁽¹⁾.

Atlas Crest Investment II's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.309	/	(0.081	+	0)
	=	3.81

Atlas Crest Investment II (NYSE:ACII) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Atlas Crest Investment II Cash-to-Debt Related Terms

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Atlas Crest Investment II (Atlas Crest Investment II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlas Crest Investment Corp II (NYSE:ACII) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

399 Park Avenue, New York, NY, USA, 10022

Website

https://acii.atlascrestcorp.com

Atlas Crest Investment Corp II is a blank check company.

Executives

Sara Sprung	director	399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Carrie Mccabe	director	399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 07430
Nicholas Nickerson	officer: Chief Operating Officer	399 PARK AVENUE, 5TH FLOOR, C/O ATLAS CREST INVESTMENT CORP. II, NEW YORK NY 10022
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Kenneth Moelis	director, 10 percent owner	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano	officer: Chief Financial Officer	C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael Spellacy	director, officer: CEO and Director	399 PARK AVENUE, NEW YORK NY 10022
David Morton Fox	director	399 PARK AVENUE, NEW YORK NY 10022
Todd Lemkin	director	399 PARK AVE., NEW YORK NY 10022
Caa 1 Llc	10 percent owner	399 PARK AVE., NEW YORK NY 10022
Atlas Crest Ii Manager Llc	other: Managing Member	399 PARK AVENUE, NEW YORK NY 10022

Atlas Crest Investment II (Atlas Crest Investment II) Headlines

From GuruFocus

Atlas Crest Investment Corp. II to Hold Special Meeting of Stockholders to Obtain Approval to Terminate Before Year-End

By Business Wire Business Wire • 11-16-2022

Atlas Crest Investment Corp. II Files Preliminary Proxy Statement to Obtain Stockholder Approval for Early Liquidation

By Business Wire Business Wire • 10-25-2022