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Empowerment &lusion Capital I (Empowerment &lusion Capital I) Cash-to-Debt : 3.87 (As of Sep. 2022)


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What is Empowerment &lusion Capital 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. Empowerment &lusion Capital I's cash to debt ratio for the quarter that ended in Sep. 2022 was 3.87.

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, Empowerment &lusion Capital I could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

The historical rank and industry rank for Empowerment &lusion Capital I's Cash-to-Debt or its related term are showing as below:

EPWR's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.56
* Ranked among companies with meaningful Cash-to-Debt only.

Empowerment &lusion Capital I Cash-to-Debt Historical Data

The historical data trend for Empowerment &lusion Capital 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.

* Premium members only.

Empowerment &lusion Capital I Cash-to-Debt Chart

Empowerment &lusion Capital I Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
N/A N/A - 0.58

Empowerment &lusion Capital I Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.58 1.32 0.20 3.87

Competitive Comparison of Empowerment &lusion Capital I's Cash-to-Debt

For the Shell Companies subindustry, Empowerment &lusion Capital 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.

Empowerment &lusion Capital I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Empowerment &lusion Capital I's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Empowerment &lusion Capital I's Cash-to-Debt falls into.


Empowerment &lusion Capital 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.

Empowerment &lusion Capital I'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)
=0.098 / (0 + 0.169)
=0.58

Empowerment &lusion Capital I's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.232 / (0 + 0.06)
=3.87

* 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.

Empowerment &lusion Capital I  (NYSE:EPWR) 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.

Empowerment &lusion Capital I Cash-to-Debt Related Terms

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Empowerment &lusion Capital I (Empowerment &lusion Capital I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Empowerment & Inclusion Capital I Corp (NYSE:EPWR) » Definitions » Cash-to-Debt
Comparable Companies
NFNT ADEX KAIR POW ADER MDH SWET CPTK PACI GGMC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
340 Madison Avenue, New York, NY, USA, 10173
Website
https://www.empowermentandinclusion.com
Empowerment & Inclusion Capital I Corp is a blank-check company. It is formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.
Executives
Marjorie Rodgers Cheshire director 1040 PARK AVENUE, SUITE 300, BALTIMORE MD 21201
Andrea L Zopp director 3333 BEVERLY ROAD, C/O SEARS ROEBUCK & CP, HOFFMAN ESTATE IL 60179
Richard Kevin Bynum director 7567 GLEN POINTE CT., SPRINGFIELD VA 22153
Toni Townes-whitley director 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Virginia Henkels 10 percent owner, officer: CFO and Secretary SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Ford Harold Eugene Jr. director, 10 percent owner, officer: CEO and Chairman 4921 WILLIAM ARNOLD ROAD, MEMPHIS TN 38117
Pnc Financial Services Group, Inc. 10 percent owner THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2401
Gagan Singh director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Laura L Long director C/O THE TOWER AT PNC, 300 FIFTH AVENUE, PITTSBURGH PA 15222
Pnc Investment Capital Corp. 10 percent owner C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Stephanie M Phillipps director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Margaret B Smith director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173