Maxpro Capital Acquisition (Maxpro Capital Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is Maxpro Capital 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. Maxpro Capital Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Maxpro Capital Acquisition could 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 Maxpro Capital Acquisition's Cash-to-Debt or its related term are showing as below:

JMACU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: No Debt Max: No Debt
Current: No Debt

During the past 1 years, Maxpro Capital Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was No Debt.

JMACU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.39 vs JMACU: No Debt

Maxpro Capital Acquisition Cash-to-Debt Historical Data

The historical data trend for Maxpro Capital 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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Maxpro Capital Acquisition Cash-to-Debt Chart

Maxpro Capital Acquisition Annual Data

Trend

Dec21

Cash-to-Debt

No Debt

Maxpro Capital Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			0.15	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Maxpro Capital Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Maxpro Capital 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.

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

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

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

Maxpro Capital 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.

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

Maxpro Capital Acquisition had no debt ⁽¹⁾.

Maxpro Capital Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Maxpro Capital Acquisition had no debt ⁽¹⁾.

Maxpro Capital Acquisition (NAS:JMACU) 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.

Maxpro Capital Acquisition Cash-to-Debt Related Terms

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Maxpro Capital Acquisition (Maxpro Capital Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 89 Songren Road, 5/F-4,, Xinyi District, Taipei, TWN, 11073

Website

Maxpro Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.