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Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Cash-to-Debt : No Debt (1) (As of Feb. 2024)


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What is Aura Fat Projects Acquisition 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. Aura Fat Projects Acquisition's cash to debt ratio for the quarter that ended in Feb. 2024 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, Aura Fat Projects Acquisition could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(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 Aura Fat Projects Acquisition's Cash-to-Debt or its related term are showing as below:

AFAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.27   Med: No Debt   Max: No Debt
Current: No Debt

During the past 2 years, Aura Fat Projects Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 9.27. And the median was No Debt.

AFAR's Cash-to-Debt is ranked better than
99.81% of 526 companies
in the Diversified Financial Services industry
Industry Median: 5.385 vs AFAR: No Debt

Aura Fat Projects Acquisition Cash-to-Debt Historical Data

The historical data trend for Aura Fat Projects Acquisition'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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Aura Fat Projects Acquisition Cash-to-Debt Chart

Aura Fat Projects Acquisition Annual Data
Trend Nov22 Nov23
Cash-to-Debt
No Debt No Debt

Aura Fat Projects Acquisition Quarterly Data
Dec21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Aura Fat Projects Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Aura Fat Projects Acquisition'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.


Aura Fat Projects Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aura Fat Projects Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aura Fat Projects Acquisition's Cash-to-Debt falls into.



Aura Fat Projects Acquisition 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.

Aura Fat Projects Acquisition's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Aura Fat Projects Acquisition had no debt (1).

Aura Fat Projects Acquisition's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Aura Fat Projects Acquisition 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.


Aura Fat Projects Acquisition  (NAS:AFAR) 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.


Aura Fat Projects Acquisition Cash-to-Debt Related Terms

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Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
No. 09-00, 1 Phillip Street, Royal One Phillip, Singapore, SGP, 048692
Website
Aura Fat Projects Acquisition Corp formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
Executives
Aura Fat Projects Capital Llc 10 percent owner 103 SOUTH CHURCH STREET, PO BOX 10240, GRAND CAYMAN E9 KY1-1002

Aura Fat Projects Acquisition (Aura Fat Projects Acquisition) Headlines

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