Tiga Acquisition (Tiga Acquisition) Cash-to-Debt : 0.06 (As of Sep. 2022)

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What is Tiga 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. Tiga Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.06.

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, Tiga Acquisition 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 Tiga Acquisition's Cash-to-Debt or its related term are showing as below:

TINV's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.95
* Ranked among companies with meaningful Cash-to-Debt only.

Tiga Acquisition Cash-to-Debt Historical Data

The historical data trend for Tiga 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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Tiga Acquisition Cash-to-Debt Chart

Tiga Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Tiga Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	0.19	0.10	0.06

Competitive Comparison of Tiga Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Tiga 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.

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

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

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

Tiga 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.

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

Tiga Acquisition had no debt ⁽¹⁾.

Tiga Acquisition'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)
	=	0.1	/	(1.78	+	0)
	=	0.06

Tiga Acquisition (NYSE:TINV) 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.

Tiga Acquisition Cash-to-Debt Related Terms

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

Tiga Acquisition (Tiga Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tiga Acquisition Corp (NYSE:TINV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ocean Financial Centre, Level 40, 10 Collyer Quay, Singapore, SGP, 049315

Website

https://www.tiga-corp.com

Tiga Acquisition Corp is a blank check company.

Executives

David Christopher Ryan	director	C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Tiga Sponsor Llc	10 percent owner	C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Peter Chambers	officer: Chief Operating Officer	C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Diana Luo	officer: Chief Financial Officer	C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Ben Falloon	director	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Carman Wong	director	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Zage George Raymond Iii	director, 10 percent owner, officer: Chief Executive Officer	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Ashish Gupta	director, 10 percent owner	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315