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Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Cash-to-Debt : 0.59 (As of Sep. 2022)


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What is Science Strategic Acquisition Alpha 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. Science Strategic Acquisition Alpha's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.59.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Science Strategic Acquisition Alpha couldn't 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 Science Strategic Acquisition Alpha's Cash-to-Debt or its related term are showing as below:

SSAAU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59   Med: No Debt   Max: No Debt
Current: 0.59

During the past 2 years, Science Strategic Acquisition Alpha's highest Cash to Debt Ratio was No Debt. The lowest was 0.59. And the median was No Debt.

SSAAU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.95 vs SSAAU: 0.59

Science Strategic Acquisition Alpha Cash-to-Debt Historical Data

The historical data trend for Science Strategic Acquisition Alpha'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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Science Strategic Acquisition Alpha Cash-to-Debt Chart

Science Strategic Acquisition Alpha Annual Data
Trend Dec20 Dec21
Cash-to-Debt
No Debt No Debt

Science Strategic Acquisition Alpha Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt 0.68 0.59

Competitive Comparison of Science Strategic Acquisition Alpha's Cash-to-Debt

For the Shell Companies subindustry, Science Strategic Acquisition Alpha'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.

Science Strategic Acquisition Alpha's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Science Strategic Acquisition Alpha's Cash-to-Debt falls into.


Science Strategic Acquisition Alpha 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.

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

Science Strategic Acquisition Alpha had no debt (1).

Science Strategic Acquisition Alpha's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.445 / (0.75 + 0)
=0.59

* 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.

Science Strategic Acquisition Alpha  (NAS:SSAAU) 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.

Science Strategic Acquisition Alpha Cash-to-Debt Related Terms

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Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Science Strategic Acquisition Corp Alpha (NAS:SSAAU) » Definitions » Cash-to-Debt
Comparable Companies
CSTA TWCB DHCA ENTF SIER ARGU AGGR HMCO EZRG HCNE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1447 2nd Street, Suite 200, Santa Monica, CA, USA, 90401
Website
https://www.science-inc.com
Science Strategic Acquisition Corp Alpha 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
Michael Gwynne Jones director, officer: CEO 24460 MALIBU ROAD, MALIBU CA 90265
Jeff Kearl director C/O SKULLCANDY, INC., 1441 WEST UTE BLVD., SUITE 250, PARK CITY UT 84908
April Henry officer: EVP, Corporate Development C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Jennifer Rubio director C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Taylor Colette K. director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Greg Gilman director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Priscilla Guevara officer: Global Head of IR C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Tom Dare officer: CFO C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Peter Pham officer: President C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401

Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Headlines

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