ALSAF (Alpha Star Acquisition) Debt-to-Equity: -0.77 (As of Mar. 2026)

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ALSAF Alpha Star Acquisition Corp ALSAF
31 GF Score
Price $17.50
! 5 Warning Signs
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What is Alpha Star Acquisition Debt-to-Equity?

Alpha Star Acquisition ALSAF -6.47% 31 Debt-to-Equity is -0.77 as of Mar. 2026. GuruFocus rates ALSAF with a GF Score™ of 31/100. The stock has 5 warning signs investors should review.

Alpha Star Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.88 Mil. Alpha Star Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Alpha Star Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-2.44 Mil. Alpha Star Acquisition's debt to equity for the quarter that ended in Mar. 2026 was -0.77.

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

ALSAF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.77   Med: 0.02   Max: 23.08
Current: -0.77

During the past 5 years, the highest Debt-to-Equity Ratio of Alpha Star Acquisition was 23.08. The lowest was -0.77. And the median was 0.02.

ALSAF's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs ALSAF: -0.77

Alpha Star Acquisition  (OTCPK:ALSAF) 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.

Alpha Star Acquisition Debt-to-Equity Related Terms

Alpha Star Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Alpha Star 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.

Alpha Star Acquisition Debt-to-Equity Chart

Alpha Star Acquisition Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
0.00 0.01 0.06 -0.12 -0.64

Alpha Star Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.31 -0.34 -0.64 -0.77

ALSAF vs APXIF, RDAC, FSHP: Debt-to-Equity Comparison

For the Shell Companies subindustry, Alpha Star 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.

Alpha Star Acquisition Debt-to-Equity vs Diversified Financial Services Industry

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

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


ALSAF
31GF Score
Alpha Star Acquisition Corp ALSAF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Star Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alpha Star Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 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
=(1.431 + 0) / -2.248
=-0.64

Alpha Star Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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
=(1.88 + 0) / -2.436
=-0.77

* 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-Equity →
What does a Debt-to-Equity of -0.77 mean?
Alpha Star Acquisition (ALSAF) has a Debt-to-Equity of -0.77 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alpha Star Acquisition and its competitors.
Is Alpha Star Acquisition's Debt-to-Equity too high?
Alpha Star Acquisition's current Debt-to-Equity is -0.77. Overall, Alpha Star Acquisition has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Star Acquisition's Debt-to-Equity compare to APXIF and RDAC?
Alpha Star Acquisition's Debt-to-Equity of -0.77 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alpha Star Acquisition and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Star Acquisition's current Debt-to-Equity is -0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Star Acquisition stock overvalued right now?
Alpha Star Acquisition (ALSAF) has a current Debt-to-Equity of -0.77. The current Debt-to-Equity is -0.77. Alpha Star Acquisition's overall GF Score™ is 31/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Alpha Star Acquisition (ALSAF), the current Debt-to-Equity is -0.77 as of Mar. 2026. 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.

Alpha Star Acquisition Business Description

Address 100 Church Street, 8th Floor, New York, NY, USA, 10007
Alpha Star Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
31GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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Price