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

AFAQW (AF Acquisition) Debt-to-Equity : 0.00 (As of Sep. 2022)


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

What is AF Acquisition Debt-to-Equity?

AF Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.02 Mil. AF Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. AF Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $216.81 Mil. AF Acquisition'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 AF Acquisition's Debt-to-Equity or its related term are showing as below:

AFAQW's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.145
* Ranked among companies with meaningful Debt-to-Equity only.

AF Acquisition Debt-to-Equity Historical Data

The historical data trend for AF Acquisition'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.

AF Acquisition Debt-to-Equity Chart

AF Acquisition Annual Data
Trend Dec21
Debt-to-Equity
-

AF Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of AF Acquisition's Debt-to-Equity

For the Shell Companies subindustry, AF Acquisition'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.


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

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

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



AF Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AF Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

AF Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2022 is calculated as

* 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.


AF Acquisition  (NAS:AFAQW) 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.


AF Acquisition Debt-to-Equity Related Terms

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


AF Acquisition Business Description

Traded in Other Exchanges
N/A
Address
139 North County Road, Floor 2, Suite 35, Palm Beach, FL, USA, 33480
AF Acquisition Corp is a blank check company.