Silver Spike Acquisition II (Silver Spike Acquisition II) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is Silver Spike Acquisition II 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. Silver Spike Acquisition II'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, Silver Spike Acquisition II 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 Silver Spike Acquisition II's Cash-to-Debt or its related term are showing as below:

SPKB's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.24
* Ranked among companies with meaningful Cash-to-Debt only.

Silver Spike Acquisition II Cash-to-Debt Historical Data

The historical data trend for Silver Spike Acquisition II'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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Silver Spike Acquisition II Cash-to-Debt Chart

Silver Spike Acquisition II Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Silver Spike Acquisition II Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Silver Spike Acquisition II's Cash-to-Debt

For the Shell Companies subindustry, Silver Spike Acquisition II'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.

Silver Spike Acquisition II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Silver Spike Acquisition II 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.

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

Silver Spike Acquisition II had no debt ⁽¹⁾.

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

Silver Spike Acquisition II had no debt ⁽¹⁾.

Silver Spike Acquisition II (NAS:SPKB) 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.

Silver Spike Acquisition II Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Silver Spike Acquisition II's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Silver Spike Acquisition II (Silver Spike Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Silver Spike Acquisition Corp II (NAS:SPKB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

660 Madison Avenue, Suite 1600, New York, NY, USA, 10065

Website

https://www.silverspikecap.com

Silver Spike Acquisition Corp II is a blank check company.

Executives

Orrin Devinsky	director	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Richard M. Goldman	director	390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Kenneth H. Landis	director	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Scott Gordon	director, officer: CEO and Chairman	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
William Healy	director, officer: President and Director	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile	officer: Chief Financial Officer	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Sponsor Ii, Llc	10 percent owner	660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065