CFACW (CF Finance Acquisition III) Debt-to-Equity : 0.02 (As of Jun. 2021)

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What is CF Finance Acquisition III Debt-to-Equity?

CF Finance Acquisition III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $3.46 Mil. CF Finance Acquisition III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. CF Finance Acquisition III's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $216.68 Mil. CF Finance Acquisition III's debt to equity for the quarter that ended in Jun. 2021 was 0.02.

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 CF Finance Acquisition III's Debt-to-Equity or its related term are showing as below:

CFACW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.02
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of CF Finance Acquisition III was 0.02. The lowest was 0.00. And the median was 0.00.

CFACW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.16 vs CFACW: 0.02

CF Finance Acquisition III Debt-to-Equity Historical Data

The historical data trend for CF Finance Acquisition III'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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CF Finance Acquisition III Debt-to-Equity Chart

CF Finance Acquisition III Annual Data

Trend

Dec18

Dec19

Dec20

Debt-to-Equity

CF Finance Acquisition III Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial				N/A	-	-	-	0.02

Competitive Comparison of CF Finance Acquisition III's Debt-to-Equity

For the Shell Companies subindustry, CF Finance Acquisition III'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.

CF Finance Acquisition III's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

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CF Finance Acquisition III Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CF Finance Acquisition III's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.428	+	0)	/	218.258
	=	0.00

CF Finance Acquisition III's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.461	+	0)	/	216.684
	=	0.02

CF Finance Acquisition III (NAS:CFACW) 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.

CF Finance Acquisition III Debt-to-Equity Related Terms

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