Roth CH Acquisition III Co (Roth CH Acquisition III Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2019)

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What is Roth CH Acquisition III Co 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. Roth CH Acquisition III Co's cash to debt ratio for the quarter that ended in Dec. 2019 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, Roth CH Acquisition III Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

(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 Roth CH Acquisition III Co's Cash-to-Debt or its related term are showing as below:

ROCR's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.775
* Ranked among companies with meaningful Cash-to-Debt only.

Roth CH Acquisition III Co Cash-to-Debt Historical Data

The historical data trend for Roth CH Acquisition III Co'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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Roth CH Acquisition III Co Cash-to-Debt Chart

Roth CH Acquisition III Co Annual Data

Trend

Dec19

Dec20

Cash-to-Debt

No Debt

0.98

Roth CH Acquisition III Co Quarterly Data
	Dec19	Dec20
Cash-to-Debt	No Debt	0.98

Competitive Comparison of Roth CH Acquisition III Co's Cash-to-Debt

For the Shell Companies subindustry, Roth CH Acquisition III Co'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.

Roth CH Acquisition III Co's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Roth CH Acquisition III Co's Cash-to-Debt falls into.

Roth CH Acquisition III Co 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.

Roth CH Acquisition III Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Roth CH Acquisition III Co had no debt ⁽¹⁾.

Roth CH Acquisition III Co's Cash to Debt Ratio for the quarter that ended in Dec. 2019 is calculated as:

Roth CH Acquisition III Co had no debt ⁽¹⁾.

Roth CH Acquisition III Co (NAS:ROCR) 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.

Roth CH Acquisition III Co Cash-to-Debt Related Terms

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Roth CH Acquisition III Co (Roth CH Acquisition III Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roth CH Acquisition III Co (NAS:ROCR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 San Clemente Drive, Suite 400, Newport Beach, CA, USA, 92660

Website

https://rocr.rothch.com

Roth CH Acquisition III Co is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.