APSG.WS (Apollo Strategic Growth Capital) Cash-to-Debt : 0.01 (As of Mar. 2022)

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What is Apollo Strategic Growth Capital 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. Apollo Strategic Growth Capital's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Apollo Strategic Growth Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

The historical rank and industry rank for Apollo Strategic Growth Capital's Cash-to-Debt or its related term are showing as below:

APSG.WS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.17
Current: 0.01

During the past 4 years, Apollo Strategic Growth Capital's highest Cash to Debt Ratio was 0.17. The lowest was 0.01. And the median was 0.14.

APSG.WS's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.27 vs APSG.WS: 0.01

Apollo Strategic Growth Capital Cash-to-Debt Historical Data

The historical data trend for Apollo Strategic Growth Capital'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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Apollo Strategic Growth Capital Cash-to-Debt Chart

Apollo Strategic Growth Capital Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

N/A

0.17

0.03

Apollo Strategic Growth Capital Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash-to-Debt	Get a 7-Day Free Trial							0.14	0.14	0.15	0.03	0.01

Competitive Comparison of Apollo Strategic Growth Capital's Cash-to-Debt

For the Shell Companies subindustry, Apollo Strategic Growth Capital'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.

Apollo Strategic Growth Capital's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Apollo Strategic Growth Capital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Apollo Strategic Growth Capital's Cash-to-Debt falls into.

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Apollo Strategic Growth Capital 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.

Apollo Strategic Growth Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	0.161	/	(5.8	+	0)
	=	0.03

Apollo Strategic Growth Capital's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0.08	/	(5.8	+	0)
	=	0.01

Apollo Strategic Growth Capital (NYSE:APSG.WS) 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.

Apollo Strategic Growth Capital Cash-to-Debt Related Terms

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Apollo Strategic Growth Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Apollo Strategic Growth Capital (NYSE:APSG.WS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, 43rd Floor, New Yor, NY, USA, 10019

Website

https://www.apollostrategicgrowthcapital.com

Apollo Strategic Growth Capital is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.