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Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Debt-to-Equity : 0.00 (As of Jun. 2022)


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What is Atlantic Avenue Acquisition Debt-to-Equity?

Atlantic Avenue Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Atlantic Avenue Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Atlantic Avenue Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $247.13 Mil. Atlantic Avenue Acquisition's debt to equity for the quarter that ended in Jun. 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 Atlantic Avenue Acquisition's Debt-to-Equity or its related term are showing as below:

ASAQ's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Atlantic Avenue Acquisition Debt-to-Equity Historical Data

The historical data trend for Atlantic Avenue 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.

Atlantic Avenue Acquisition Debt-to-Equity Chart

Atlantic Avenue Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-Equity
- -

Atlantic Avenue Acquisition Quarterly Data
Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of Atlantic Avenue Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Atlantic Avenue 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.

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

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

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


Atlantic Avenue Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atlantic Avenue Acquisition'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) / 239.182
=0.00

Atlantic Avenue Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 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) / 247.128
=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.

Atlantic Avenue Acquisition  (NYSE:ASAQ) 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.

Atlantic Avenue Acquisition Debt-to-Equity Related Terms

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

Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Avenue Acquisition Corp (NYSE:ASAQ) » Definitions » Debt-to-Equity
Comparable Companies
TEKK LOKM RCLF DNAB RVAC DNAD NPAB CLIN MTAC FLYA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2200 Atlantic Street, Stamford, CT, USA, 06902
Website
https://www.asaqspac.com
Atlantic Avenue Acquisition Corp is a newly organized blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Thomas J Neff director SPENCER STUART & ASSOCIATES, 277 PARK AVE, NEW YORK NY 10172
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Halmi Robert A Jr director CROWN MEDIA HOLDINGS INC, 6430 S FIDDLERS GREEN CIR STE 500, ENGLEWOOD CO 80111
Ashok Nayyar director, 10 percent owner, officer: Chief Executive Officer, Chair 930 PARK AVENUE, NEW YORK NY 10028
Barry Best officer: Chief Financial Officer C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Street Partners Llc 10 percent owner 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
David Gelobter officer: Co-President & Secretary C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Purvang Desai officer: Chief Accounting Officer C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Mark Field director C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Michael Russell Zimmerman officer: Co-President C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Avenue Partners Gp Llc 10 percent owner 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902

Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Headlines

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Atlantic Avenue Acquisition Corp Receives Expected Notice from NYSE Regarding Delayed Quarterly Report

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Atlantic Avenue Acquisition Corp Announces Separate Trading of Class A Common Stock and Warrants, Commencing October 15, 2020

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