What is Spartan Energy 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. Spartan Energy Acquisition's cash to debt ratio for the quarter that ended in Sep. 2020 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, Spartan Energy Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.
(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 Spartan Energy Acquisition's Cash-to-Debt or its related term are showing as below:
SPAQ.U'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 3 years, Spartan Energy Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
Spartan Energy Acquisition Cash-to-Debt Historical Data
The historical data trend for Spartan Energy 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.
Spartan Energy Acquisition Cash-to-Debt Chart
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Spartan Energy Acquisition Annual Data
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Trend |
Dec17 |
Dec18 |
Dec19 |
| Cash-to-Debt |
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No Debt |
No Debt |
No Debt |
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Spartan Energy Acquisition Quarterly Data
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Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
| Cash-to-Debt |
Get a 7-Day Free Trial
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No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
Competitive Comparison of Spartan Energy Acquisition's Cash-to-Debt
For the Shell Companies subindustry, Spartan Energy 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.
Spartan Energy Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Spartan Energy Acquisition's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Spartan Energy Acquisition's Cash-to-Debt falls into.
Spartan Energy 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.
Spartan Energy Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:
Spartan Energy Acquisition had no debt (1).
Spartan Energy Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2020 is calculated as:
Spartan Energy Acquisition had no debt (1).
* 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.
Spartan Energy Acquisition (Spartan Energy Acquisition) Business Description
Traded in Other Exchanges
N/A
Address
9 West 57th Street, 43rd Floor, New York, NY, USA, 10019
Spartan Energy Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
Executives
| Glazer Capital, Llc |
10 percent owner |
250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019 |
| Paul J Glazer |
10 percent owner |
250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019 |
| John J Macwilliams |
director |
P O BOX 22027, TULSA OK 74121 |
| Apollo Management Holdings Gp, Llc |
10 percent owner |
9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
| Apollo Management Holdings, L.p. |
10 percent owner |
9 W. 57TH STREET, NEW YORK NY 10019 |
| Apollo Commodities Management, L.p. |
10 percent owner |
2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808 |
| Gregory A Beard |
10 percent owner |
C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102 |
| Geoffrey Strong |
10 percent owner |
C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
| Apollo Natural Resources Partners Ii, L.p. |
10 percent owner |
ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577 |
| Spartan Energy Acquisition Sponsor Llc |
10 percent owner |
9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
| Jan C. Wilson |
director |
18 A HAZELTON AVE., SUITE 606, TORONTO A6 M5R 2E2 |
| J Michael Stice |
director |
525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105 |
| Robert C Reeves |
director |
1001 LOUISIANA STREET, HOUSTON TX 77002 |
| James Crossen |
officer: CFO and CAO |
9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
Spartan Energy Acquisition (Spartan Energy Acquisition) Headlines
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