CF Finance Acquisition (CF Finance Acquisition) Debt-to-Equity : 0.03 (As of Sep. 2020)

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What is CF Finance Acquisition Debt-to-Equity?

CF Finance Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $6.19 Mil. CF Finance Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil. CF Finance Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $212.59 Mil. CF Finance Acquisition's debt to equity for the quarter that ended in Sep. 2020 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 CF Finance Acquisition's Debt-to-Equity or its related term are showing as below:

CFFAU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 1.91
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of CF Finance Acquisition was 1.91. The lowest was 0.01. And the median was 0.01.

CFFAU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs CFFAU: 0.03

CF Finance Acquisition Debt-to-Equity Historical Data

The historical data trend for CF Finance 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.

CF Finance Acquisition Debt-to-Equity Chart

CF Finance Acquisition Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

0.86

0.88

0.01

CF Finance Acquisition Quarterly Data
	Dec16	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity	Get a 7-Day Free Trial									0.01	0.01	0.01	0.02	0.03

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

For the Shell Companies subindustry, CF Finance 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.

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

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

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

CF Finance Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CF Finance Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(2.863	+	0)	/	287.523
	=	0.01

CF Finance Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(6.194	+	0)	/	212.587
	=	0.03

CF Finance Acquisition (NAS:CFFAU) 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 Debt-to-Equity Related Terms

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

CF Finance Acquisition (CF Finance Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CF Finance Acquisition Corp (NAS:CFFAU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East 59th Street, New York, NY, USA, 10022

Website

CF Finance Acquisition Corp is a blank check company.

Executives

Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Paul Pion	officer: Chief Financial Officer	RODIN GLOBAL PROPERTY TRUST, INC., 110 EAST 59TH STREET, NEW YORK NY 10022
Robert Hochberg	director	110 EAST 59TH STREET, NEW YORK NY 10022
Robert Guy Sharp	director	110 EAST 59TH STREET, NEW YORK NY 10022
Howard W Lutnick	director, 10 percent owner, officer: Chief Executive Officer
Cantor Fitzgerald, L. P.	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Cf Group Management Inc	10 percent owner	135 EAST 57TH ST, NEW YORK NY 10022
Cf Finance Holdings Llc	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Mmcap International Inc. Spc	10 percent owner	C/O MOURANT GOVERNANCE SVCS (CAYMAN) LTD, 94 SOLARIS AVE., CAMANA BAY, PO BOX 1348, GRAND CAYMAN E9 KY1-1108
Castro Henrique De	director, officer: Chief Operating Officer	C/O YAHOO, INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Stephen M Merkel	officer: EVP, Gen. Counsel & Secretary	C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Steven Bisgay	officer: Chief Financial Officer	545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Peter J Worth	director	110 EAST 59TH STREET NEW YORK NY 10022
Anshu Jain	director, officer: President	110 EAST 59TH STREET, NEW YORK NY 10022