Climate Transition Capital Acquisition I BV (FRA:2M9) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

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What is Climate Transition Capital Acquisition I BV 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. Climate Transition Capital Acquisition I BV's cash to debt ratio for the quarter that ended in Dec. 2022 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, Climate Transition Capital Acquisition I BV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(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 Climate Transition Capital Acquisition I BV's Cash-to-Debt or its related term are showing as below:

FRA:2M9's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.39
* Ranked among companies with meaningful Cash-to-Debt only.

Climate Transition Capital Acquisition I BV Cash-to-Debt Historical Data

The historical data trend for Climate Transition Capital Acquisition I BV'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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Climate Transition Capital Acquisition I BV Cash-to-Debt Chart

Climate Transition Capital Acquisition I BV Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Climate Transition Capital Acquisition I BV Semi-Annual Data
	Jun22	Dec22
Cash-to-Debt	No Debt	No Debt

Competitive Comparison of Climate Transition Capital Acquisition I BV's Cash-to-Debt

For the Shell Companies subindustry, Climate Transition Capital Acquisition I BV'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.

Climate Transition Capital Acquisition I BV's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Climate Transition Capital Acquisition I BV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Climate Transition Capital Acquisition I BV's Cash-to-Debt falls into.

Climate Transition Capital Acquisition I BV 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.

Climate Transition Capital Acquisition I BV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Climate Transition Capital Acquisition I BV had no debt ⁽¹⁾.

Climate Transition Capital Acquisition I BV's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Climate Transition Capital Acquisition I BV had no debt ⁽¹⁾.

Climate Transition Capital Acquisition I BV (FRA:2M9) 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.

Climate Transition Capital Acquisition I BV Cash-to-Debt Related Terms

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

Climate Transition Capital Acquisition I BV (FRA:2M9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Climate Transition Capital Acquisition I BV (FRA:2M9) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Basisweg 10, Amsterdam, NH, NLD, 1043 AP

Website

https://climatetransitioncapital.com

Climate Transition Capital Acquisition I BV is a special-purpose acquisition company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with or acquisition of a target business or entity.

Climate Transition Capital Acquisition I BV (FRA:2M9) Headlines

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Climate Transition Capital Acquisition I BV (FRA:2M9) Cash-to-Debt : No Debt (1) (As of Dec. 2022)