Altitude Acquisition (Altitude Acquisition) Cash-to-Debt : 0.01 (As of Sep. 2023)

Altitude Acquisition Cash-to-Debt Chart

Altitude Acquisition Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	0.23	0.60	0.01

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

For the Shell Companies subindustry, Altitude 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.

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

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

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

Altitude 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.

Altitude Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Altitude Acquisition had no debt ⁽¹⁾.

Altitude Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

* 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.

Altitude Acquisition  (NAS:ALTU) 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.

Altitude Acquisition Cash-to-Debt Related Terms

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Altitude Acquisition (Altitude Acquisition) Business Description