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Compass Digital Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.13 Mil. Compass Digital Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Compass Digital Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $54.84 Mil. Compass Digital Acquisition's debt to equity for the quarter that ended in Jun. 2024 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 Compass Digital Acquisition's Debt-to-Equity or its related term are showing as below:
During the past 3 years, the highest Debt-to-Equity Ratio of Compass Digital Acquisition was 13.00. The lowest was 0.00. And the median was 0.00.
The historical data trend for Compass Digital 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.
Compass Digital Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Debt-to-Equity | - | - | - |
Compass Digital Acquisition Quarterly Data | ||||||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Debt-to-Equity | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, Compass Digital 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.
For the Diversified Financial Services industry and Financial Services sector, Compass Digital Acquisition's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Compass Digital Acquisition's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Compass Digital 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 | |
= | (0.125 | + | 0) | / | 53.978 | |
= | 0.00 |
Compass Digital Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 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 | |
= | (0.125 | + | 0) | / | 54.84 | |
= | 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.
Compass Digital Acquisition (NAS:CDAQ) 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.
Thank you for viewing the detailed overview of Compass Digital Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Hcg Opportunity Mm, Llc | 10 percent owner | 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448 |
Hcg Opportunity, Llc | 10 percent owner | 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448 |
Satish Gupta | director | 3626 N HALL STREET, #910, DALLAS TX 75219 |
Kirk Steven Hovde | director | 1629 COLONIAL PARKWAY, INVERNESS IL 60067 |
Matthew Schindel | director | 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448 |
Nicholas Boris Geeza | officer: Chief Financial Officer | 17 BEACH CLUB DRIVE, STATELINE NV 89449 |
Compass Digital Spac Llc | 10 percent owner | 3626 N HALL STREET, #910, DALLAS, TX 75219 |
Anna Brunelle | director | TIVO INC., 2160 GOLD STREET, ALVISO CA 95002 |
Thomas D Hennessy | director, officer: Chief Executive Officer | 3485 N. PINES WAY SUITE 110, WILSON WY 83014 |
Milton Joseph Beck | director | 3485 N. PINES WAY SUITE 110, WILSON WY 83014 |
Abidali Neemuchwala | director | C/O VIRTUSA CORPORATION, 132 TURNPIKE RD, STE. 300, SOUTHBOROUGH MA 01772 |
Daniel J Hennessy | director | 10 SOUTH WACKER DRIVE, CHICAGO IL 60606 |
William Arthur Owens | director | C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203 |
Jon M. Zieger | director | 3626 N HALL STREET, #910, DALLAS, TX 75219 |
Burhan Jaffer | officer: Chief Financial Officer | 3626 H HALL STREET, #910, DALLAS TX 75219 |
From GuruFocus
By PRNewswire • 09-09-2024
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