Breeze Holdings Acquisition (Breeze Holdings Acquisition) Debt-to-Equity : -0.45 (As of Mar. 2024)

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What is Breeze Holdings Acquisition Debt-to-Equity?

Breeze Holdings Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.58 Mil. Breeze Holdings Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Breeze Holdings Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-19.05 Mil. Breeze Holdings Acquisition's debt to equity for the quarter that ended in Mar. 2024 was -0.45.

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

BREZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.45 Med: 0.8 Max: 4.6
Current: -0.45

During the past 4 years, the highest Debt-to-Equity Ratio of Breeze Holdings Acquisition was 4.60. The lowest was -0.45. And the median was 0.80.

BREZ's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs BREZ: -0.45

Breeze Holdings Acquisition Debt-to-Equity Historical Data

The historical data trend for Breeze Holdings 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.

Breeze Holdings Acquisition Debt-to-Equity Chart

Breeze Holdings Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.49

2.64

Breeze Holdings Acquisition Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											1.23	1.90	3.17	2.64	-0.45

Competitive Comparison of Breeze Holdings Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Breeze Holdings 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.

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

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

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

Breeze Holdings Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Breeze Holdings 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
	=	(7.815	+	0)	/	2.966
	=	2.63

Breeze Holdings Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(8.584	+	0)	/	-19.05
	=	-0.45

Breeze Holdings Acquisition (NAS:BREZ) 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.

Breeze Holdings Acquisition Debt-to-Equity Related Terms

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Breeze Holdings Acquisition (Breeze Holdings Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Breeze Holdings Acquisition Corp (NAS:BREZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

955 West John Carpenter Freeway, Suite 100-929, Irving, TX, USA, 75039

Website

Breeze Holdings Acquisition Corp is a blank check company.

Executives

James L Williams	director	C/O EMERGISOFT CORPORATION, 2225 AVENUE J, ARLINGTON TX 76006
Albert Mclelland	director	9114 LA STRADA CT., DALLAS TX 75220
Bill Stark	director	5324 DAVIS BLVD, NORTH RICHLAND HILLS IL 76180
Daniel Linn Hunt	director	5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Robert Lee Thomas	director	5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
J Douglas Ramsey	director, 10 percent owner, officer: CEO and CFO	5016 AUBURNDALE AVE, COLLEYVILLE TX 76034
Charles C. Ross	officer: COO	5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Russell D. Griffin	director, officer: President	5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Breeze Sponsor, Llc	10 percent owner	5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180