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ADALU (Anthemis Digital Acquisitions I) Cash-to-Debt : No Debt (1) (As of Dec. 2022)


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What is Anthemis Digital Acquisitions I 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. Anthemis Digital Acquisitions I's cash to debt ratio for the quarter that ended in Dec. 2022 was No Debt (1).

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, Anthemis Digital Acquisitions I could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Anthemis Digital Acquisitions I's Cash-to-Debt or its related term are showing as below:

ADALU' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 2 years, Anthemis Digital Acquisitions I's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ADALU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.81 vs ADALU: No Debt

Anthemis Digital Acquisitions I Cash-to-Debt Historical Data

The historical data trend for Anthemis Digital Acquisitions I'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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Anthemis Digital Acquisitions I Cash-to-Debt Chart

Anthemis Digital Acquisitions I Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt No Debt

Anthemis Digital Acquisitions I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Anthemis Digital Acquisitions I's Cash-to-Debt

For the Shell Companies subindustry, Anthemis Digital Acquisitions I'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.


Anthemis Digital Acquisitions I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Anthemis Digital Acquisitions I's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Anthemis Digital Acquisitions I's Cash-to-Debt falls into.



Anthemis Digital Acquisitions I 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.

Anthemis Digital Acquisitions I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Anthemis Digital Acquisitions I had no debt (1).

Anthemis Digital Acquisitions I's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Anthemis Digital Acquisitions I had no debt (1).

* 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.


Anthemis Digital Acquisitions I  (NAS:ADALU) 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.


Anthemis Digital Acquisitions I Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Anthemis Digital Acquisitions I's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Anthemis Digital Acquisitions I Business Description

Traded in Other Exchanges
N/A
Address
122 Hudson Street, 3rd Floor, New York, NY, USA, 10013
Anthemis Digital Acquisitions I Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.