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Independence Holdings (Independence Holdings) Debt-to-Equity : 0.00 (As of Sep. 2022)


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What is Independence Holdings Debt-to-Equity?

Independence Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Independence Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Independence Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $480.04 Mil. Independence Holdings's debt to equity for the quarter that ended in Sep. 2022 was 0.00.

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 Independence Holdings's Debt-to-Equity or its related term are showing as below:

ACQR's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Independence Holdings Debt-to-Equity Historical Data

The historical data trend for Independence Holdings'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.

Independence Holdings Debt-to-Equity Chart

Independence Holdings Annual Data
Trend Dec20 Dec21
Debt-to-Equity
0.44 -

Independence Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of Independence Holdings's Debt-to-Equity

For the Shell Companies subindustry, Independence Holdings'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.

Independence Holdings's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Independence Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Independence Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 + 0) / 463.671
=0.00

Independence Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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 + 0) / 480.043
=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.

Independence Holdings  (NAS:ACQR) 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.

Independence Holdings Debt-to-Equity Related Terms

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

Independence Holdings (Independence Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Independence Holdings Corp (NAS:ACQR) » Definitions » Debt-to-Equity
Comparable Companies
MIT LCA KVSC FSNB CCV ALCC RMGC CFIV GHIX SVFA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
277 Park Avenue, 29th Floor, Suite B, New York, NY, USA, 10172
Website
https://www.indholdings.com
Independence Holdings Corp is a blank check company.
Executives
Ahmedulla Kham Khaishgi director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Steven J. Mclaughlin director, 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Jonathan Corr director ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Independence Sponsor Llc 10 percent owner 277 PARK AVENUE, 29TH FLOOR, SUITE B, NEW YORK NY 10172
Eugene Yoon director, 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
John Lawrence Furlong officer: Chief Executive Officer 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Jaskaran Heir officer: Chief Financial Officer 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Eric S Woodward director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172