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AlphaVest Acquisition (AlphaVest Acquisition) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is AlphaVest Acquisition Debt-to-Equity?

AlphaVest Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.17 Mil. AlphaVest Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. AlphaVest Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $50.56 Mil. AlphaVest Acquisition's debt to equity for the quarter that ended in Dec. 2023 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 AlphaVest Acquisition's Debt-to-Equity or its related term are showing as below:

ATMV's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

AlphaVest Acquisition Debt-to-Equity Historical Data

The historical data trend for AlphaVest 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.

AlphaVest Acquisition Debt-to-Equity Chart

AlphaVest Acquisition Annual Data
Trend Dec22 Dec23
Debt-to-Equity
- -

AlphaVest Acquisition Quarterly Data
Apr22 Sep22 Dec22 Dec23
Debt-to-Equity - - - -

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

For the Shell Companies subindustry, AlphaVest 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.

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

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

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


AlphaVest Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AlphaVest 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
=(0.165 + 0) / 50.556
=0.00

AlphaVest 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
=(0.165 + 0) / 50.556
=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.

AlphaVest Acquisition  (NAS:ATMV) 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.

AlphaVest Acquisition Debt-to-Equity Related Terms

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

AlphaVest Acquisition (AlphaVest Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AlphaVest Acquisition Corp (NAS:ATMV) » Definitions » Debt-to-Equity
Comparable Companies
TENK CNGL LATG HSPO MARX GAMC ATMC FSRX NCAC IMAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
AlphaVest Acquisition Corp is a blank check company.
Executives
Li (helen) Wei director C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
David Yan director, officer: Chief Executive officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Pengfei Zheng director, 10 percent owner C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Alphavest Holding Lp 10 percent owner 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Steve Jing director, officer: Chief Financial Officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Shu Wang director C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170