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. Digital World Acquisition's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.14.
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, Digital World Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.
The historical rank and industry rank for Digital World Acquisition's Cash-to-Debt or its related term are showing as below:
DWAC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.4 Max: No Debt
Current: 0.14
During the past 2 years, Digital World Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 0.40.
Digital World Acquisition Cash-to-Debt Historical Data
The historical data trend for Digital World 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.
|
Digital World Acquisition Annual Data
|
|
Trend |
Dec20 |
Dec21 |
| Cash-to-Debt |
|
N/A |
No Debt |
|
Digital World Acquisition Quarterly Data
|
|
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| Cash-to-Debt |
0.40 |
0.29 |
No Debt |
No Debt |
0.14 |
Competitive Comparison
For the Shell Companies subindustry, Digital World 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.
Digital World Acquisition Cash-to-Debt Distribution
For the Diversified Financial Services industry and Financial Services sector, Digital World Acquisition's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Digital World Acquisition's Cash-to-Debt falls into.
Digital World 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.
Digital World Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:
Digital World Acquisition had no debt.
Digital World Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:
Digital World Acquisition had no debt.
* 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.
Digital World Acquisition Business Description
Traded in Other Exchanges
Address
78 SW 7th Street, Miami, FL, USA, 33130
Digital World Acquisition Corp is a blank check company.
Executives
Digital World Acquisition Headlines
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