ASPAC I Acquisition (ASPAC I Acquisition) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is ASPAC I Acquisition Debt-to-Equity?

ASPAC I Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.63 Mil. ASPAC I Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. ASPAC I Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15.60 Mil. ASPAC I Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

ASCAW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 4.79 Max: 9.48
Current: 0.1

During the past 3 years, the highest Debt-to-Equity Ratio of ASPAC I Acquisition was 9.48. The lowest was 0.10. And the median was 4.79.

ASCAW's Debt-to-Equity is ranked better than
58.16% of 294 companies
in the Diversified Financial Services industry
Industry Median: 0.125 vs ASCAW: 0.10

ASPAC I Acquisition Debt-to-Equity Historical Data

The historical data trend for ASPAC I 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.

ASPAC I Acquisition Debt-to-Equity Chart

ASPAC I Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

9.48

0.10

ASPAC I Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						-	0.02	0.03	0.04	0.10

Competitive Comparison of ASPAC I Acquisition's Debt-to-Equity

For the Shell Companies subindustry, ASPAC I 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.

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

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

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

ASPAC I Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASPAC I Acquisition's Debt to Equity Ratio for the fiscal year 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
	=	(1.625	+	0)	/	15.597
	=	0.10

ASPAC I 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
	=	(1.625	+	0)	/	15.597
	=	0.10

ASPAC I Acquisition (NAS:ASCAW) 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.

ASPAC I Acquisition Debt-to-Equity Related Terms

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ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ASCA:USA

Address

10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983

Website

ASPAC I Acquisition Corp is a blank check company .

ASPAC I Acquisition (ASPAC I Acquisition) Headlines

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