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Aquaron Acquisition (Aquaron Acquisition) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Aquaron Acquisition Debt-to-Equity?

Aquaron Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.04 Mil. Aquaron Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Aquaron Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27.67 Mil. Aquaron Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

AQUNR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 4.78   Max: 9.52
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of Aquaron Acquisition was 9.52. The lowest was 0.04. And the median was 4.78.

AQUNR's Debt-to-Equity is ranked better than
78.75% of 287 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs AQUNR: 0.04

Aquaron Acquisition Debt-to-Equity Historical Data

The historical data trend for Aquaron 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.

Aquaron Acquisition Debt-to-Equity Chart

Aquaron Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
9.52 -

Aquaron Acquisition Semi-Annual Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.01 0.03 0.03 0.04

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

For the Shell Companies subindustry, Aquaron 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.

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

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

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


Aquaron Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aquaron Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 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) / 52.87
=0.00

Aquaron Acquisition'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
=(1.04 + 0) / 27.665
=0.04

* 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.

Aquaron Acquisition  (NAS:AQUNR) 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.

Aquaron Acquisition Debt-to-Equity Related Terms

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Aquaron Acquisition (Aquaron Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aquaron Acquisition Corp (NAS:AQUNR) » Definitions » Debt-to-Equity
Comparable Companies
ACAX HUDA BREZ MTRY PCCT DHAC TGVC KACL AOGO DMAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
AQU:USA
Address
515 Madison Avenue, 8th Floor, New York, NY, USA, 10022
Website
Aquaron Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.