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Sustainable Development Acquisition I (Sustainable Development Acquisition I) Cash-to-Debt : 1.06 (As of Mar. 2023)


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What is Sustainable Development Acquisition I 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. Sustainable Development Acquisition I's cash to debt ratio for the quarter that ended in Mar. 2023 was 1.06.

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, Sustainable Development Acquisition I could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

The historical rank and industry rank for Sustainable Development Acquisition I's Cash-to-Debt or its related term are showing as below:

SDAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3   Med: No Debt   Max: No Debt
Current: 1.06

During the past 3 years, Sustainable Development Acquisition I's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was No Debt.

SDAC's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.45 vs SDAC: 1.06

Sustainable Development Acquisition I Cash-to-Debt Historical Data

The historical data trend for Sustainable Development Acquisition I'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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Sustainable Development Acquisition I Cash-to-Debt Chart

Sustainable Development Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Cash-to-Debt
- No Debt 0.30

Sustainable Development Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.30 1.06

Competitive Comparison of Sustainable Development Acquisition I's Cash-to-Debt

For the Shell Companies subindustry, Sustainable Development Acquisition I'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.

Sustainable Development Acquisition I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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


Sustainable Development Acquisition I 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.

Sustainable Development Acquisition I's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
=0.319 / (1.05 + 0)
=0.30

Sustainable Development Acquisition I's Cash to Debt Ratio for the quarter that ended in Mar. 2023 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)
=1.11 / (1.05 + 0)
=1.06

* 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.

Sustainable Development Acquisition I  (NAS:SDAC) 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.

Sustainable Development Acquisition I Cash-to-Debt Related Terms

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Sustainable Development Acquisition I (Sustainable Development Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sustainable Development Acquisition I Corp (NAS:SDAC) » Definitions » Cash-to-Debt
Comparable Companies
ANAC HCMA ACTD PLMI HCNE DCRD GSRM BRKH SIER TWCB GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
5701 Truxtun Avenue, Suite 201, Bakersfield, CA, USA, 90036
Website
https://www.waterfoodenergyspac.com
Sustainable Development Acquisition I Corp is a blank check company. It is 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.
Executives
Kathleen Brown director 488 8TH AVENUE, SAN DIEGO CA 92101
Neeman Brady Nicole Elana director, officer: Chief Executive Officer 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Annette Rodriguez director C/O SILK ROAD MEDICAL, INC., 1213 INNSBRUCK DRIVE, SUNNYVALE CA 94089
Robert A. Schultz director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Andrew Kassoy director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Eric John Techel officer: Chief Financial Officer 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036