GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jaws Mustang Acquisition Corp (AMEX:JWSM) » Definitions » Cash-to-Debt

Jaws Mustang Acquisition (Jaws Mustang Acquisition) Cash-to-Debt : 0.18 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Jaws Mustang 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. Jaws Mustang Acquisition's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.18.

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, Jaws Mustang Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Jaws Mustang Acquisition's Cash-to-Debt or its related term are showing as below:

JWSM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18   Med: No Debt   Max: No Debt
Current: 0.18

During the past 4 years, Jaws Mustang Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was No Debt.

JWSM's Cash-to-Debt is ranked worse than
72.71% of 557 companies
in the Diversified Financial Services industry
Industry Median: 2.43 vs JWSM: 0.18

Jaws Mustang Acquisition Cash-to-Debt Historical Data

The historical data trend for Jaws Mustang 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.

* Premium members only.

Jaws Mustang Acquisition Cash-to-Debt Chart

Jaws Mustang Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
- No Debt No Debt 0.18

Jaws Mustang Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt 0.29 0.09 0.21 0.18

Competitive Comparison of Jaws Mustang Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Jaws Mustang 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.

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

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

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


Jaws Mustang 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.

Jaws Mustang Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
=0.178 / (0 + 1)
=0.18

Jaws Mustang Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
=0.178 / (0 + 1)
=0.18

* 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.

Jaws Mustang Acquisition  (AMEX:JWSM) 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.

Jaws Mustang Acquisition Cash-to-Debt Related Terms

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

Jaws Mustang Acquisition (Jaws Mustang Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jaws Mustang Acquisition Corp (AMEX:JWSM) » Definitions » Cash-to-Debt
Comparable Companies
HYAC IVCB LCAA RENE IPXX SKGR CDAQ SVII PRLH SEDA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
JWSM.U:USA
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Mustang Acquisition Corp is a blank check company. it is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business.
Executives
John J Legere director 1672 GALLEON DR., NAPLES FL 34102
Barry S Sternlicht director, 10 percent owner STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
David Helfand director C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA #800, CHICAGO IL 60606
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Matthew Joseph Walters officer: Chief Operating Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Mustang Sponsor Llc 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Andrew Klaber director, officer: Chief Executive Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael Reidler officer: Chief Financial Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139