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Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Thunder Bridge Capital Partners IV Debt-to-Equity?

Thunder Bridge Capital Partners IV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.78 Mil. Thunder Bridge Capital Partners IV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Thunder Bridge Capital Partners IV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $22.65 Mil. Thunder Bridge Capital Partners IV'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 Thunder Bridge Capital Partners IV's Debt-to-Equity or its related term are showing as below:

THCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.03
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Thunder Bridge Capital Partners IV was 0.03. The lowest was 0.00. And the median was 0.02.

THCP's Debt-to-Equity is ranked better than
82.85% of 309 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs THCP: 0.03

Thunder Bridge Capital Partners IV Debt-to-Equity Historical Data

The historical data trend for Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV Debt-to-Equity Chart

Thunder Bridge Capital Partners IV Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.03

Thunder Bridge Capital Partners IV Quarterly Data
Jan21 Jun21 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 Premium Member Only - - 0.02 - 0.03

Competitive Comparison of Thunder Bridge Capital Partners IV's Debt-to-Equity

For the Shell Companies subindustry, Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners IV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thunder Bridge Capital Partners IV's Debt-to-Equity falls into.


Thunder Bridge Capital Partners IV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thunder Bridge Capital Partners IV'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
=(0.781 + 0) / 22.645
=0.03

Thunder Bridge Capital Partners IV'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
=(0.781 + 0) / 22.645
=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.

Thunder Bridge Capital Partners IV  (NAS:THCP) 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.

Thunder Bridge Capital Partners IV Debt-to-Equity Related Terms

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Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thunder Bridge Capital Partners IV Inc (NAS:THCP) » Definitions » Debt-to-Equity
Comparable Companies
IOAC MITA CSLM GIA QFTA SLAC SZZL CFFE PORT EGGF PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Website
Thunder Bridge Capital Partners IV Inc is a blank check company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Wam Gp Llc 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Bip Gp Llc other: Former 10% owner. 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
David E Mangum director
Gary A Simanson director, 10 percent owner, officer: President and CEO 717 KING STREET, ALEXANDRIA VA 22314
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
William A Houlihan officer: Chief Financial Officer 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iv, Llc 10 percent owner 9912 GEORGETOWN PIKE (SUITE D-203), GREAT FALLS VA 22066