Armada Acquisition I (Armada Acquisition I) Debt-to-Equity : 0.17 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Armada Acquisition I Debt-to-Equity?

Armada Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.78 Mil. Armada Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Armada Acquisition I's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16.63 Mil. Armada Acquisition I's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Armada Acquisition I's Debt-to-Equity or its related term are showing as below:

AACI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.28
Current: 0.17

During the past 3 years, the highest Debt-to-Equity Ratio of Armada Acquisition I was 0.28. The lowest was 0.00. And the median was 0.07.

AACI's Debt-to-Equity is ranked worse than
63.49% of 304 companies
in the Diversified Financial Services industry
Industry Median: 0.115 vs AACI: 0.17

Armada Acquisition I Debt-to-Equity Historical Data

The historical data trend for Armada Acquisition I'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.

Armada Acquisition I Debt-to-Equity Chart

Armada Acquisition I Annual Data

Trend

Sep21

Sep22

Sep23

Debt-to-Equity

0.15

Armada Acquisition I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.02	0.07	0.08	0.15	0.17

Competitive Comparison of Armada Acquisition I's Debt-to-Equity

For the Shell Companies subindustry, Armada Acquisition I'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.

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

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

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

Armada Acquisition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Armada Acquisition I's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.564	+	0)	/	16.831
	=	0.15

Armada Acquisition I'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
	=	(2.777	+	0)	/	16.63
	=	0.17

Armada Acquisition I (NAS:AACI) 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.

Armada Acquisition I Debt-to-Equity Related Terms

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

Armada Acquisition I (Armada Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Armada Acquisition Corp I (NAS:AACI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1760 Market Street, Suite 602, Philadelphia, PA, USA, 19103

Website

https://www.armadaacq.com

Armada Acquisition Corp I is a blank check company.

Executives

Celso L. White	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Stephen P Herbert	director, 10 percent owner, officer: Chief Executive Officer	100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Douglas M Lurio	director, 10 percent owner, officer: Pres, Sec and Treas	100 DEERFIELD LANE, SUITE 140, MALVERN PA 19355
Thomas A Decker	director	C/O INTERNET CAPITAL GROUP, 690 LEE ROAD, SUITE 310, WAYNE PA 19087
Armada Sponsor Llc	10 percent owner	2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Mohammad A Khan	director	2005 MARKET STREET SUITE 3120, PHILADELPHIA PA 19103