Corsair Partnering (Corsair Partnering) Debt-to-Equity : 0.00 (As of Mar. 2023)

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What is Corsair Partnering Debt-to-Equity?

Corsair Partnering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Corsair Partnering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Corsair Partnering's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $275.81 Mil. Corsair Partnering's debt to equity for the quarter that ended in Mar. 2023 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 Corsair Partnering's Debt-to-Equity or its related term are showing as below:

CORS's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Corsair Partnering Debt-to-Equity Historical Data

The historical data trend for Corsair Partnering'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.

Corsair Partnering Debt-to-Equity Chart

Corsair Partnering Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Corsair Partnering Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Corsair Partnering's Debt-to-Equity

For the Shell Companies subindustry, Corsair Partnering'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.

Corsair Partnering's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Corsair Partnering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corsair Partnering's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0)	/	270.481
	=	0.00

Corsair Partnering's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	0)	/	275.814
	=	0.00

Corsair Partnering (NYSE:CORS) 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.

Corsair Partnering Debt-to-Equity Related Terms

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

Corsair Partnering (Corsair Partnering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corsair Partnering Corp (NYSE:CORS) » Definitions » Debt-to-Equity

Comparable Companies

TACA AHPA SVFB CAS AKIC GWII TOAC TGR MCAA DTRT

Traded in Other Exchanges

N/A

Address

717 Fifth Avenue, 24th Floor, New York, NY, USA, 10022

Website

https://corsair-capital.com/spac

Corsair Partnering Corp is not engaged in any business operations. The company's purpose is of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar Partnering Transaction with one or more businesses.

Executives

William I Jacobs	director	C/O MASTERCARD INTERNATIONAL INC, 2000 PURCHASE ST, PUCHASE NY 10577-2509
Daniel J Eckert	director	3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Jeremy Schein	director, officer: President	3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Paul Cabral	officer: Chief Financial Officer	717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Jayanti D.t. Ignacio	director, officer: Chief Executive Officer	717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Corsair Partnering Sponsor Lp	10 percent owner	717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Maripat Alpuche	director	717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022

Corsair Partnering (Corsair Partnering) Headlines

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