Benessere Capital Acquisition (Benessere Capital Acquisition) Debt-to-Equity : 0.03 (As of Jun. 2022)

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What is Benessere Capital Acquisition Debt-to-Equity?

Benessere Capital Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2.43 Mil. Benessere Capital Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Benessere Capital Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $96.76 Mil. Benessere Capital Acquisition's debt to equity for the quarter that ended in Jun. 2022 was 0.03.

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

BENEW' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.31 Med: 0.02 Max: 3
Current: 0.03

During the past 2 years, the highest Debt-to-Equity Ratio of Benessere Capital Acquisition was 3.00. The lowest was -8.31. And the median was 0.02.

BENEW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.115 vs BENEW: 0.03

Benessere Capital Acquisition Debt-to-Equity Historical Data

The historical data trend for Benessere Capital 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.

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Benessere Capital Acquisition Debt-to-Equity Chart

Benessere Capital Acquisition Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

-8.31

Benessere Capital Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	0.02	0.03

Competitive Comparison of Benessere Capital Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Benessere Capital 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.

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

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

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

Benessere Capital Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Benessere Capital 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)	/	105.593
	=	0.00

Benessere Capital 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
	=	(2.43	+	0)	/	96.755
	=	0.03

Benessere Capital Acquisition (NAS:BENEW) 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.

Benessere Capital Acquisition Debt-to-Equity Related Terms

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