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ITQRU (Itiquira Acquisition) Cash-to-Debt : 0.72 (As of Sep. 2022)


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What is Itiquira 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. Itiquira Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.72.

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, Itiquira 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 Itiquira Acquisition's Cash-to-Debt or its related term are showing as below:

ITQRU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42   Med: No Debt   Max: No Debt
Current: 0.72

During the past 2 years, Itiquira Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was No Debt.

ITQRU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.725 vs ITQRU: 0.72

Itiquira Acquisition Cash-to-Debt Historical Data

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

Itiquira Acquisition Annual Data
Trend Dec20 Dec21
Cash-to-Debt
0.42 No Debt

Itiquira Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 0.72

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

For the Shell Companies subindustry, Itiquira 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.

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

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

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


Itiquira 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.

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

Itiquira Acquisition had no debt (1).

Itiquira 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)
=0.273 / (0.38 + 0)
=0.72

* 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.

Itiquira Acquisition  (NAS:ITQRU) 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.

Itiquira Acquisition Cash-to-Debt Related Terms

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Itiquira Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Itiquira Acquisition Corp (NAS:ITQRU) » Definitions » Cash-to-Debt
Comparable Companies
TMAC TRIS SHAC GNAC OSTR LCW VII ZWRK IXAQ FVT GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
430 Park Avenue, Suite 202, New York, NY, USA, 10022
Website
https://www.itiquiracorp.com
Itiquira Acquisition Corp is a blank check company.
Executives
Woods Staton director MANTUA NO. 6575 (ESQUINA POTOSI), MONTEVIDEO X3 11500
Pedro Chomnalez director, officer: Co-Chief Investment Officer 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Mendes Tainah Salles officer: VP of Corporate Finance 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
De Gouvea Paulo Carvalho director, officer: CEO and Chairman 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Gabriela Yu officer: See Remarks 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Maria Alejandra Herrera director, officer: Co-Chief Investment Officer 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Marcus Leonardo Silberman director, officer: Chief Financial Officer 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Partners I Itiquira 10 percent owner 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Marcelo Maisonnave director 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Galeazzi Claudio Eugenio Stiller director 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022
Thor Bjorgolfsson director 430 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10022