Sarissa Capital Acquisition (Sarissa Capital Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2022)

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What is Sarissa 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. Sarissa Capital Acquisition's cash to debt ratio for the quarter that ended in Jun. 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, Sarissa Capital Acquisition could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Sarissa Capital Acquisition's Cash-to-Debt or its related term are showing as below:

SRSA's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 2.64
* Ranked among companies with meaningful Cash-to-Debt only.

Sarissa Capital Acquisition Cash-to-Debt Historical Data

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

Sarissa Capital Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Sarissa Capital Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Shell Companies subindustry, Sarissa 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.

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

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

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

Sarissa 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.

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

Sarissa Capital Acquisition had no debt ⁽¹⁾.

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

Sarissa Capital Acquisition had no debt ⁽¹⁾.

Sarissa Capital Acquisition (NAS:SRSA) 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.

Sarissa Capital Acquisition Cash-to-Debt Related Terms

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

Sarissa Capital Acquisition (Sarissa Capital Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

767 Third Avenue, 11th Floor, New York, NY, USA, 10017

Website

http://www.sarissacap.com

Sarissa Capital Acquisition Corp is a blank check company.

Executives

Alexander J Denner	10 percent owner	C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Kostas D Odysseas	officer: Senior Managing Director	660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Louis J Paglia	director	C/O UIL HOLDINGS CORP, 157 CHURCH STREET, NEW HAVEN CT 06506
Mark Dipaolo	officer: Senior Managing Director	660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Sarissa Capital Management Lp	10 percent owner	660 STEAMBOAT ROAD, GREENWICH CT 06830
Simos Simeonidis	officer: Senior Managing Director	C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, GREENWICH CT 06830
Sarissa Capital Management Gp Llc	10 percent owner	660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Eric N. Vincent	officer: President	C/O SARISSA CAPITAL MANAGEMENT LP, 660 STEAMBOAT ROAD, GREENWICH, CT 06830 CT 06830
Mark Timney	director	C/O SARISSA CAPITAL ACQUISITION CORP., 660 STEAMBOAT RD, GREENWICH CT 06830
Sarissa Capital Acquisition Sponsor Llc	10 percent owner	660 STEAMBOAT RD, GREENWICH CT 06830
Patrice Eadon Bonfiglio	officer: Chief Financial Officer	488 HAVILAND ROAD, STAMFORD CT 06903

Sarissa Capital Acquisition (Sarissa Capital Acquisition) Headlines

From GuruFocus

Sarissa Capital Acquisition Corp. Receives Expected Notification From Nasdaq Related To Delayed Quarterly Report

By PRNewswire PRNewswire • 05-28-2021

Sarissa Capital Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants

By PRNewswire PRNewswire • 12-11-2020

Sarissa Capital Acquisition (Sarissa Capital Acquisition) Cash-to-Debt : No Debt (1) (As of Jun. 2022)