Aequi Acquisition (Aequi Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is Aequi 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. Aequi Acquisition's cash to debt ratio for the quarter that ended in Mar. 2023 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, Aequi Acquisition could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

ARBG' 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 3 years, Aequi Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ARBG's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.95 vs ARBG: No Debt

Aequi Acquisition Cash-to-Debt Historical Data

The historical data trend for Aequi 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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Aequi Acquisition Cash-to-Debt Chart

Aequi Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

Aequi Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Aequi Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Aequi 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.

Aequi Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Aequi 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.

Aequi Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Aequi Acquisition had no debt ⁽¹⁾.

Aequi Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

Aequi Acquisition had no debt ⁽¹⁾.

Aequi Acquisition (NAS:ARBG) 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.

Aequi Acquisition Cash-to-Debt Related Terms

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

Aequi Acquisition (Aequi Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aequi Acquisition Corp (NAS:ARBG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830

Website

Aequi Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Susan Hassan	director, officer: Chief Operating Officer	500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Roy Swan	director	75 WEST 125TH STREET, NEW YORK NY 10027
Hope S Taitz	director, 10 percent owner, officer: Chief Executive Officer	C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jason Scheir	director	GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE, 12TH FLOOR, NEW YORK NY 10171
Emil K. Woods	director	C/O CEDAR HILL CAPITAL PARTNERS, LLC, 445 PARK AVE., 5TH FLOOR, NEW YORK NY 10022
Aequi Sponsor Llc	10 percent owner	9 DAVIS DRIVE, ARMONK NY 10504
Joy Seppala	director, officer: Chief Financial Officer	500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Fatou Sagnang	director	500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830