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TBMC (Trailblazer Merger I) Cash-to-Debt : 0.03 (As of Dec. 2024)


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What is Trailblazer Merger 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. Trailblazer Merger I's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.03.

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, Trailblazer Merger I couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TBMC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 1.02   Max: No Debt
Current: 0.03

During the past 4 years, Trailblazer Merger I's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 1.02.

TBMC's Cash-to-Debt is ranked worse than
90.07% of 433 companies
in the Diversified Financial Services industry
Industry Median: 7.11 vs TBMC: 0.03

Trailblazer Merger I Cash-to-Debt Historical Data

The historical data trend for Trailblazer Merger 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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Trailblazer Merger I Cash-to-Debt Chart

Trailblazer Merger I Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
No Debt 0.15 1.89 0.03

Trailblazer Merger I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 0.57 0.19 0.06 0.03

Competitive Comparison of Trailblazer Merger I's Cash-to-Debt

For the Shell Companies subindustry, Trailblazer Merger 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.

Trailblazer Merger I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trailblazer Merger I's Cash-to-Debt falls into.


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Trailblazer Merger 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.

Trailblazer Merger I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
=0.064 / (2.529 + 0)
=0.03

Trailblazer Merger I's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
=0.064 / (2.529 + 0)
=0.03

* 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.

Trailblazer Merger I  (NAS:TBMC) 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.

Trailblazer Merger I Cash-to-Debt Related Terms

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

Trailblazer Merger I Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trailblazer Merger Corp I (NAS:TBMC) » Definitions » Cash-to-Debt
Comparable Companies
ALCY ALSAF FTII NBST WELNF EMCG TETEF WINV MSSA FORL AACT ANSC AAM GATE EQV NETD CCIX KFII CCIR GPAT
Traded in Other Exchanges
N/A
Address
510 Madison Avenue, Suite 1401, New York, NY, USA, 10022
Website
https://trailblazermergercorp.com/home/default.asp
Trailblazer Merger Corp I is a blank check company.
Executives
Scott R Burell officer: Chief Financial Officer 6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Joseph D Hammer director 150 CENTRAL PARK SOUTH, 2ND FLOOR, NEW YORK NY 10019
Arie Rabinowitz director, officer: CEO and Director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Barak Avitbul director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Olga Castells director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Yosef Eichorn officer: Chief Development Officer 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Trailblazer Sponsor Group, Llc 10 percent owner 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Patrick M. Donovan director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022