Golden Falcon Acquisition (Golden Falcon Acquisition) Cash-to-Debt : 0.15 (As of Mar. 2023)

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What is Golden Falcon 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. Golden Falcon 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, Golden Falcon 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 Golden Falcon Acquisition's Cash-to-Debt or its related term are showing as below:

GFX.U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.31 Max: No Debt
Current: 0.15

During the past 3 years, Golden Falcon Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.31.

GFX.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.37 vs GFX.U: 0.15

Golden Falcon Acquisition Cash-to-Debt Historical Data

The historical data trend for Golden Falcon 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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Golden Falcon Acquisition Cash-to-Debt Chart

Golden Falcon Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

0.05

Golden Falcon Acquisition Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial						0.75	0.31	0.21	0.05	0.15

Competitive Comparison of Golden Falcon Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Golden Falcon 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.

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

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

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

Golden Falcon 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.

Golden Falcon 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)
	=	0.024	/	(0	+	0.483)
	=	0.05

Golden Falcon 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)
	=	0.104	/	(0	+	0.713)
	=	0.15

Golden Falcon Acquisition (NYSE:GFX.U) 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.

Golden Falcon Acquisition Cash-to-Debt Related Terms

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Golden Falcon Acquisition (Golden Falcon Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Falcon Acquisition Corp (NYSE:GFX.U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Library Avenue, Suite 204, Newark, DE, USA, 19711

Website

https://www.goldenfalconcorp.com

Golden Falcon Acquisition Corp is a blank check company.

Executives

Falcon Edge Capital, Lp	10 percent owner	667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson	10 percent owner	70 GREENE STREET, APT. PH, NEW YORK NY 10012
Martin Pompadur	director
Scott J Freidheim	director	1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Eli Muraidekh	director, officer: Chief Financial Officer	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Basnage De Beauval John M.	officer: General Counsel and Secretary	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Xavier R. Rolet	director	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Mikael Breuer-weil	director	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Dominique D'hinnin	director	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Isabelle Amiel Azoulai	director	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Golden Falcon Sponsor Group, Llc	10 percent owner	850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Makram Azar	director, officer: Chief Executive Officer	C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711