HumanCo Acquisition (HumanCo Acquisition) Cash-to-Debt : 0.56 (As of Jun. 2022)

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What is HumanCo 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. HumanCo Acquisition's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.56.

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, HumanCo Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 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 HumanCo Acquisition's Cash-to-Debt or its related term are showing as below:

HMCOU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: No Debt Max: No Debt
Current: 0.56

During the past 2 years, HumanCo Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.56. And the median was No Debt.

HMCOU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs HMCOU: 0.56

HumanCo Acquisition Cash-to-Debt Historical Data

The historical data trend for HumanCo 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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HumanCo Acquisition Cash-to-Debt Chart

HumanCo Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

HumanCo Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	0.83	0.56

Competitive Comparison of HumanCo Acquisition's Cash-to-Debt

For the Shell Companies subindustry, HumanCo 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.

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

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

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

HumanCo 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.

HumanCo Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

HumanCo Acquisition had no debt ⁽¹⁾.

HumanCo Acquisition's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.372	/	(0	+	0.667)
	=	0.56

HumanCo Acquisition (NAS:HMCOU) 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.

HumanCo Acquisition Cash-to-Debt Related Terms

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

HumanCo Acquisition (HumanCo Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HumanCo Acquisition Corp (NAS:HMCOU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Austin, P.O. Box 90608, Austin, TX, USA, 78709

Website

https://ir.humancospac.com

HumanCo Acquisition Corp is a blank check company.

Executives

Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Financial Group Inc	10 percent owner	1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Mizuho Bank, Ltd.	10 percent owner	1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Brian P Kelley	director	P.O. BOX 90608, AUSTIN TX 78709
Richard Dean Hollis	director	3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Ross Berman	director, officer: Chief Executive Officer	P.O. BOX 90608, AUSTIN TX 78709
John M. Foraker	director	P.O. BOX 90608, AUSTIN TX 78709
Amy Zipper	officer: Chief Operating Officer	P.O. BOX 90608, AUSTIN TX 78709
Jason H. Karp	director, officer: Executive Co-Chairman	P.O. BOX 90608, AUSTIN TX 78709
Rohan Oza	director	515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Brett J. Thomas	officer: President	515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Katrina Cole	director	P.O. BOX 90608, AUSTIN TX 78709

HumanCo Acquisition (HumanCo Acquisition) Headlines

From GuruFocus

HumanCo Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

HumanCo Acquisition Corp. Announces Liquidation

By PRNewswire PRNewswire • 11-21-2022

HumanCo Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing January 28, 2021

By PRNewswire PRNewswire • 01-28-2021