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BurTech Acquisition (BurTech Acquisition) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is BurTech Acquisition Debt-to-Equity?

BurTech Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.81 Mil. BurTech Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. BurTech Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $31.15 Mil. BurTech Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

BRKH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.03
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of BurTech Acquisition was 0.03. The lowest was 0.00. And the median was 0.01.

BRKH's Debt-to-Equity is ranked better than
82.45% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs BRKH: 0.03

BurTech Acquisition Debt-to-Equity Historical Data

The historical data trend for BurTech Acquisition's Debt-to-Equity 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.

BurTech Acquisition Debt-to-Equity Chart

BurTech Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.03

BurTech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 0.03

Competitive Comparison of BurTech Acquisition's Debt-to-Equity

For the Shell Companies subindustry, BurTech Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

BurTech Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


BurTech Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BurTech Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.81 + 0) / 31.153
=0.03

BurTech Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.81 + 0) / 31.153
=0.03

* 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.

BurTech Acquisition  (NAS:BRKH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

BurTech Acquisition Debt-to-Equity Related Terms

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

BurTech Acquisition (BurTech Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BurTech Acquisition Corp (NAS:BRKH) » Definitions » Debt-to-Equity
Comparable Companies
PEGR NETC PTHR XPDB CLIN IVCA SBXC TRIS LGST IFIN PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
Website
https://www.burtechacq.us
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004