GLST (Global Star Acquisition) Cash-to-Debt : 0.00 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Global Star 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. Global Star Acquisition's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, Global Star Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 4 years, Global Star Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 30.02.

GLST's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 6.66
* Ranked among companies with meaningful Cash-to-Debt only.

Global Star Acquisition Cash-to-Debt Historical Data

The historical data trend for Global Star 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.

* Premium members only.

Global Star Acquisition Cash-to-Debt Chart

Global Star Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

58.53

0.94

Global Star Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial											1.50	0.94	0.40	0.59	-

Competitive Comparison of Global Star Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Global Star 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.

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

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

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

Global Star 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.

Global Star Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.507	/	(1.605	+	0)
	=	0.94

Global Star Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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	/	(2.407	+	0)
	=	0.00

Global Star Acquisition (NAS:GLST) 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.

Global Star Acquisition Cash-to-Debt Related Terms

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

Global Star Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Star Acquisition Inc (NAS:GLST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1641 International Drive, Unit 208, McLean, VA, USA, 22102

Website

https://www.globalstarspac.com

Global Star Acquisition Inc is a blank check company.

Executives

Chun Wing Lam	director	1641 INTERNATIONAL DRIVE, UNIT 208, MCLEAN VA 22012
Cui Shan	officer: Chief Financial Officer	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Chew Hai Chew Chwee	director	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Yang Kan Chong	director	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Kan Benny Mun Wai	director	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Anthony Ang	director, 10 percent owner, officer: Chief Executive Officer	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Jukka Rannila	director	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Nicholas Khoo	officer: Chief Operating Officer	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Global Star Acquisition 1 Llc	10 percent owner	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012
Stephen Drew	director	1641 INTERNATIONAL DRIVE UNIT 208, MCLEAN VA 22012