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Tortoise Acquisition (Tortoise Acquisition) Debt-to-Asset : 0.00 (As of Jun. 2020)


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What is Tortoise Acquisition Debt-to-Asset?

Tortoise Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. Tortoise Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. Tortoise Acquisition's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2020 was $237.00 Mil. Tortoise Acquisition's debt to asset for the quarter that ended in Jun. 2020 was 0.00.

Tortoise Acquisition Debt-to-Asset Historical Data

The historical data trend for Tortoise Acquisition'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.

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Tortoise Acquisition Debt-to-Asset Chart

Tortoise Acquisition Annual Data
Trend Dec18 Dec19
Debt-to-Asset
0.15 -

Tortoise Acquisition Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Debt-to-Asset Get a 7-Day Free Trial - - - - -

Competitive Comparison of Tortoise Acquisition's Debt-to-Asset

For the Shell Companies subindustry, Tortoise Acquisition'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.

Tortoise Acquisition's Debt-to-Asset Distribution in the Diversified Financial Services Industry

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

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


Tortoise Acquisition Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tortoise Acquisition's Debt-to-Asset for the fiscal year that ended in Dec. 2019 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 + 0) / 237.149
=0.00

Tortoise Acquisition's Debt-to-Asset for the quarter that ended in Jun. 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 + 0) / 236.999
=0.00

* 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.

Tortoise Acquisition  (NYSE:SHLL) 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.

Tortoise Acquisition Debt-to-Asset Related Terms

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Tortoise Acquisition (Tortoise Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tortoise Acquisition Corp (NYSE:SHLL) » Definitions » Debt-to-Asset
Comparable Companies
RMG PIC NPA AMCI DMYT SCVX FMCI IPV SMMC SSPK CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA GHIV
Traded in Other Exchanges
N/A
Address
5100 W. 115th Place, Leawood, KS, USA, 66211
Website
https://www.tortoisespac.com
Tortoise Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.