Better World Acquisition (Better World Acquisition) Cash-to-Debt : 0.15 (As of Mar. 2023)

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What is Better World 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. Better World Acquisition's cash to debt ratio for the quarter that ended in Mar. 2023 was 0.15.

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, Better World Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for Better World Acquisition's Cash-to-Debt or its related term are showing as below:

BWACU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.15 Max: No Debt
Current: 0.15

During the past 3 years, Better World Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.15.

BWACU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs BWACU: 0.15

Better World Acquisition Cash-to-Debt Historical Data

The historical data trend for Better World 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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Better World Acquisition Cash-to-Debt Chart

Better World Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

0.15

Better World Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial						0.04	0.03	0.09	-	0.15

Competitive Comparison of Better World Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Better World 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.

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

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

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

Better World 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.

Better World Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.002	/	(0.902	+	0)
	=	0.00

Better World Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
	=	0.141	/	(0.915	+	0)
	=	0.15

Better World Acquisition (OTCPK:BWACU) 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.

Better World Acquisition Cash-to-Debt Related Terms

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Better World Acquisition (Better World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Better World Acquisition Corp (OTCPK:BWACU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

775 Park Avenue, New York, NY, USA, 10021

Website

Better World Acquisition Corp is a blank check company.

Executives

Robert M Chiste	director	120 EAGLE ROCK AVENUE SUITE 190, EAST HANOVER NJ 07936
Bradford Scovill Oberwager	director	340 S. LEMON AVE. #5445, WALNUT CA 91789
Grubstein Peter S H	director, 10 percent owner, officer: Chief Financial Officer
Kristopher A Wood	director	11360 LAKE FIELD DRIVE, DULUTH GA 30097
Bwa Holdings Llc	10 percent owner	1177 AVENUE OF THE AMERICAS 18TH FLOOR, NEW YORK NY 10036
Rosemary L Ripley	director, officer: Chief Executive Officer	733 THIRD AVENUE, NEW YORK NY 10017
Shay Murphy	officer: Vice President	733 THIRD AVENUE, NEW YORK NY 10017
Jennifer Prosek	director	733 THIRD AVENUE, NEW YORK NY 10017