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Far Peak Acquisition (Far Peak Acquisition) Cash-to-Debt : No Debt (1) (As of Dec. 2022)


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What is Far Peak 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. Far Peak Acquisition's cash to debt ratio for the quarter that ended in Dec. 2022 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Far Peak Acquisition could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

FPAC.U' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

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

FPAC.U's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.71 vs FPAC.U: No Debt

Far Peak Acquisition Cash-to-Debt Historical Data

The historical data trend for Far Peak 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.

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Far Peak Acquisition Cash-to-Debt Chart

Far Peak Acquisition Annual Data
Trend Sep21 Sep22
Cash-to-Debt
No Debt No Debt

Far Peak Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Far Peak Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Far Peak 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.


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

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

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



Far Peak 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.

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

Far Peak Acquisition had no debt (1).

Far Peak Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Far Peak Acquisition had no debt (1).

* 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.


Far Peak Acquisition  (NYSE:FPAC.U) 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.


Far Peak Acquisition Cash-to-Debt Related Terms

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


Far Peak Acquisition (Far Peak Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
511 6th Avenue, No. 7342, New York, NY, USA, 10011
Far Peak Acquisition Corp is a blank check company. It is for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Charles A Vice director 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Thomas W Farley director, officer: CEO, President and Chairman C/O: INTERCONTINENTALEXCHANGE, INC., 2100 RIVEREDGE PARKWAY, STE. 500, ATLANTA GA 30328
Stanley A Mcchrystal director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Bonanno director, officer: CFO and Secretary 390 PARK AVENUE, NEW YORK NY 10022
Far Peak Llc 10 percent owner 480 6TH AVE, #342, NEW YORK NY 10011