GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » EVe Mobility Acquisition Corp (AMEX:EVE) » Definitions » Cash-to-Debt

EVe Mobility Acquisition (EVe Mobility Acquisition) Cash-to-Debt : 0.03 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is EVe Mobility 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. EVe Mobility Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.

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, EVe Mobility Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 EVe Mobility Acquisition's Cash-to-Debt or its related term are showing as below:

EVE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: No Debt   Max: No Debt
Current: 0.03

During the past 2 years, EVe Mobility Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

EVE's Cash-to-Debt is ranked worse than
88.87% of 557 companies
in the Diversified Financial Services industry
Industry Median: 2.43 vs EVE: 0.03

EVe Mobility Acquisition Cash-to-Debt Historical Data

The historical data trend for EVe Mobility 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.

EVe Mobility Acquisition Cash-to-Debt Chart

EVe Mobility Acquisition Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt No Debt

EVe Mobility Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 0.06 0.03

Competitive Comparison of EVe Mobility Acquisition's Cash-to-Debt

For the Shell Companies subindustry, EVe Mobility 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.


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

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

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



EVe Mobility 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.

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

EVe Mobility Acquisition had no debt (1).

EVe Mobility 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.


EVe Mobility Acquisition  (AMEX:EVE) 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.


EVe Mobility Acquisition Cash-to-Debt Related Terms

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


EVe Mobility Acquisition (EVe Mobility Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
EVe Mobility Acquisition Corp is a blank check company.
Executives
Regina Shekerdemian director 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Osman Ahmed officer: President C/O FOUNDER SPAC, 11752 LAKE POTOMAC DRIVE, ROCKVILLE MD 20854
Curtis Pierce officer: Chief Financial Officer 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Maximilian A. Staedtler officer: Chief Executive Officer 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Carla Jean Bailo director 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Scott Painter director, officer: Chief Executive Officer ASSOCIATION OF VOLLEYBALL PROFESSIONALS, 6100 CENTER DRIVE, 9TH FLOOR, LOS ANGELES CA 90045
James G Ellis director C/O QUIKSILVER, INC., 15202 GRAHAM STREET, HUNTINGTON BEACH CA 92649
Jimmy Nguyen officer: Chief Operating Officer 2787 NORTH HOUSTON ST., #100, DALLAS TX 75219
Georg Bauer director, officer: President 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Eve Mobility Sponsor Llc 10 percent owner 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Kash Sheikh officer: Chief Financial Officer 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Sue Callaway director 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807

EVe Mobility Acquisition (EVe Mobility Acquisition) Headlines