CFACW (CF Finance Acquisition III) Debt-to-Asset : 0.02 (As of Jun. 2021)

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What is CF Finance Acquisition III Debt-to-Asset?

CF Finance Acquisition III CFACW Debt-to-Asset is 0.02 as of Jun. 2021.

CF Finance Acquisition III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $3.46 Mil. CF Finance Acquisition III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. CF Finance Acquisition III's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2021 was $233.05 Mil. CF Finance Acquisition III's debt to asset for the quarter that ended in Jun. 2021 was 0.01.

CF Finance Acquisition III  (NAS:CFACW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

CF Finance Acquisition III Debt-to-Asset Related Terms

CF Finance Acquisition III Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for CF Finance Acquisition III's Debt-to-Asset 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.

CF Finance Acquisition III Debt-to-Asset Chart

CF Finance Acquisition III Annual Data
Trend Dec18 Dec19 Dec20
Debt-to-Asset
0.00 0.00 0.00

CF Finance Acquisition III Semi-Annual Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.02

CFACW vs : Debt-to-Asset Comparison

For the Shell Companies subindustry, CF Finance Acquisition III's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

CF Finance Acquisition III Debt-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CF Finance Acquisition III's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CF Finance Acquisition III's Debt-to-Asset falls into.


CF Finance Acquisition III Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CF Finance Acquisition III's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.428 + 0) / 230.804
=0.00

CF Finance Acquisition III's Debt-to-Asset for the quarter that ended in Jun. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.461 + 0) / 233.047
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.02 mean?
CF Finance Acquisition III (CFACW) has a Debt-to-Asset of 0.02 as of Jun. 2021. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CF Finance Acquisition III and its competitors.
Is CF Finance Acquisition III's Debt-to-Asset too high?
CF Finance Acquisition III's current Debt-to-Asset is 0.02.
How does CF Finance Acquisition III's Debt-to-Asset compare to ?
CF Finance Acquisition III's Debt-to-Asset of 0.02 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Diversified Financial Services company?
A good Debt-to-Asset depends on the Diversified Financial Services industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CF Finance Acquisition III and its competitors. CF Finance Acquisition III's current Debt-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Finance Acquisition III stock overvalued right now?
CF Finance Acquisition III (CFACW) has a current Debt-to-Asset of 0.02. The current Debt-to-Asset is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For CF Finance Acquisition III (CFACW), the current Debt-to-Asset is 0.02 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CF Finance Acquisition III Business Description

Comparable Companies
Address 110 East 59th Street, New York, NY, USA, 10022
CF Finance Acquisition Corp III is a blank check company.