GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Technology Acquisition Corp II (OTCPK:ATEK) » Definitions » Debt-to-Equity

ATEK (Athena Technology Acquisition II) Debt-to-Equity : -0.11 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Athena Technology Acquisition II Debt-to-Equity?

Athena Technology Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.58 Mil. Athena Technology Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Athena Technology Acquisition II's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-14.58 Mil. Athena Technology Acquisition II's debt to equity for the quarter that ended in Dec. 2024 was -0.11.

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

ATEK' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.11   Med: -0.04   Max: 0.04
Current: -0.11

During the past 4 years, the highest Debt-to-Equity Ratio of Athena Technology Acquisition II was 0.04. The lowest was -0.11. And the median was -0.04.

ATEK's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.16 vs ATEK: -0.11

Athena Technology Acquisition II Debt-to-Equity Historical Data

The historical data trend for Athena Technology Acquisition II'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.

Athena Technology Acquisition II Debt-to-Equity Chart

Athena Technology Acquisition II Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
- - 0.04 -0.11

Athena Technology Acquisition II Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.04 -0.53 -0.84 -0.94 -0.11

Competitive Comparison of Athena Technology Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, Athena Technology Acquisition II'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.

Athena Technology Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


';

Athena Technology Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Athena Technology Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
=(1.577 + 0) / -14.575
=-0.11

Athena Technology Acquisition II's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
=(1.577 + 0) / -14.575
=-0.11

* 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.

Athena Technology Acquisition II  (OTCPK:ATEK) 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.

Athena Technology Acquisition II Debt-to-Equity Related Terms

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

Athena Technology Acquisition II Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Technology Acquisition Corp II (OTCPK:ATEK) » Definitions » Debt-to-Equity
Comparable Companies
ALCY ALSAF FTII WELNF EMCG KACLF NBST CLRC FORL BUJA AACT ANSC AAM EQV NETD CCIX GPAT ALF MBAV CCIR
Traded in Other Exchanges
N/A
Address
442 5th Avenue, New York, NY, USA, 10018
Website
https://www.athenaspac.com
Athena Technology Acquisition Corp II is a blank check company.
Executives
Trier Bryant director 2220 WESTCREEK LN 1404, HOUSTON TX 77027
Judith Rodin director C/O UNIVERSITY OF PENNSYLVANIA, 100 COLLEGE HALL, PHILADELPHIA PA 19104-6380
Sharon Brown-hruska director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Randi Zuckerberg director 394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111
Kirthiga Reddy officer: President C/O PEAR THERAPEUTICS, INC., 200 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Isabelle D. Freidheim director, 10 percent owner, officer: Chief Executive Officer 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Athena Technology Sponsor Ii, Llc 10 percent owner 442 5TH AVENUE, NEW YORK NY 10018
Anna Apostolova officer: Chief Financial Officer C/O ATHENA TECHNOLOGY ACQUISITION CORP., 442 5TH AVENUE, NEW YORK NY 10018