USHG Acquisition (USHG Acquisition) Cash-to-Debt : 0.40 (As of Sep. 2022)

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What is USHG 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. USHG Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.40.

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

HUGS's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.83
* Ranked among companies with meaningful Cash-to-Debt only.

USHG Acquisition Cash-to-Debt Historical Data

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

USHG Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

USHG Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	1.09	0.68	0.40

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

For the Shell Companies subindustry, USHG 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.

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

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

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

USHG 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.

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

USHG Acquisition had no debt ⁽¹⁾.

USHG Acquisition'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)
	=	0.199	/	(0.5	+	0)
	=	0.40

USHG Acquisition (NYSE:HUGS) 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.

USHG Acquisition Cash-to-Debt Related Terms

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

USHG Acquisition (USHG Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » USHG Acquisition Corp (NYSE:HUGS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

853 Broadway, 17th Floor, New York, NY, USA, 10010

Website

https://www.ushgac.com

USHG Acquisition Corp is a blank check company.

Executives

Robert K Steel	director	85 BROAD STREET, NEW YORK NY 10004
Skeete Tatum Lisa M	director	2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Heidi S Messer	director	C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Randall J Garutti	director	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Daniel Harris Meyer	director	24 UNION SQUARE EAST, SIXTH FLOOR, NEW YORK NY 10003
Union Square Hospitality Group, Llc	10 percent owner	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Robb Walter E Iv	director	550 BOWIE STREET, AUSTIN TX 78703
John Kristofer Galashan	director	LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Mark A. Leavitt	director	345 PARK AVENUE, SUITE 1200, NEW YORK NY 10154
Adam D. Sokoloff	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, FL 11, NEW YORK NY 10105
Ushg Investments, Llc	10 percent owner	853 BROADWAY, 17TH FLOOR, NEW YORK NY 10003
Tiffany F. Daniele	officer: Chief Financial Officer	C/O USHG ACQUISITION CORP., 853 BROADWAY, 17TH FLOOR, NEW YORK NY 10003

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