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Tastemaker Acquisition Cash-to-Debt

: 0.77 (As of Mar. 2022)
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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. Tastemaker Acquisition's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.77.

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

TMKR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77   Med: No Debt   Max: No Debt
Current: 0.77

During the past 2 years, Tastemaker Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.77. And the median was No Debt.

TMKR's Cash-to-Debt is ranked worse than
74.46% of 830 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs TMKR: 0.77

Tastemaker Acquisition Cash-to-Debt Historical Data

The historical data trend for Tastemaker 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.

* Premium members only.

Tastemaker Acquisition Annual Data
Trend Dec20 Dec21
Cash-to-Debt
0.10 No Debt

Tastemaker Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Cash-to-Debt Premium Member Only No Debt No Debt No Debt No Debt 0.77

Competitive Comparison

For the Shell Companies subindustry, Tastemaker 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.

   

Tastemaker Acquisition Cash-to-Debt Distribution

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

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



Tastemaker 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.

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

Tastemaker Acquisition had no debt.

Tastemaker Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

Tastemaker 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.


Tastemaker Acquisition  (NAS:TMKR) 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.


Tastemaker Acquisition Cash-to-Debt Related Terms

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