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Cartica Acquisition (Cartica Acquisition) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Cartica Acquisition Debt-to-Equity?

Cartica Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.25 Mil. Cartica Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Cartica Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $44.60 Mil. Cartica Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

CITE' s Debt-to-Equity Range Over the Past 10 Years
Min: -1   Med: -0.5   Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Cartica Acquisition was 0.01. The lowest was -1.00. And the median was -0.50.

CITE's Debt-to-Equity is ranked better than
99.67% of 303 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs CITE: 0.01

Cartica Acquisition Debt-to-Equity Historical Data

The historical data trend for Cartica 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.

Cartica Acquisition Debt-to-Equity Chart

Cartica Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
-1.00 - 0.01

Cartica Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Cartica Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Cartica 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.


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

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

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



Cartica Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cartica Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cartica Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Cartica Acquisition  (NAS:CITE) 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.


Cartica Acquisition Debt-to-Equity Related Terms

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


Cartica Acquisition (Cartica Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1775 I Street NW, Suite 900, Washington, DC, USA, 20006
Cartica Acquisition Corp is a blank check company.
Executives
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Kishore Kondragunta director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Suresh Guduru director, 10 percent owner, officer: Chief Executive Officer 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Kyle I. Parent director 3524 SILVERSIDE ROAD, SUITE 35B3524, WILMINGTON DE 19801
Rana Gujral director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Suresh Singamsetty director 3524 SILVERSIDE ROAD, SUITE 35B, WILMINGTON DE 19810
Asif Ramji director 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Parul Bhandari director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Cartica Acquisition Partners, Llc 10 percent owner 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Steven J. Quamme director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Farida Khambata director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Sanjeev Goel director, officer: Chief Executive Officer 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
C. Brian Coad officer: COO and CFO 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Keki M. Mistry director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Subramanian Ramadorai director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006