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Macondray Capital Acquisition I (Macondray Capital Acquisition I) Debt-to-Equity : 0.00 (As of Sep. 2022)


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What is Macondray Capital Acquisition I Debt-to-Equity?

Macondray Capital Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Macondray Capital Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Macondray Capital Acquisition I's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $280.93 Mil. Macondray Capital Acquisition I's debt to equity for the quarter that ended in Sep. 2022 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 Macondray Capital Acquisition I's Debt-to-Equity or its related term are showing as below:

DRAY'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.

Macondray Capital Acquisition I Debt-to-Equity Historical Data

The historical data trend for Macondray Capital Acquisition I'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.

Macondray Capital Acquisition I Debt-to-Equity Chart

Macondray Capital Acquisition I Annual Data
Trend Dec21
Debt-to-Equity
-

Macondray Capital Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of Macondray Capital Acquisition I's Debt-to-Equity

For the Shell Companies subindustry, Macondray Capital Acquisition I'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.

Macondray Capital Acquisition I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Macondray Capital Acquisition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Macondray Capital Acquisition I's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(0 + 0) / 271.767
=0.00

Macondray Capital Acquisition I's Debt to Equity Ratio for the quarter that ended in Sep. 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) / 280.934
=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.

Macondray Capital Acquisition I  (NAS:DRAY) 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.

Macondray Capital Acquisition I Debt-to-Equity Related Terms

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

Macondray Capital Acquisition I (Macondray Capital Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Macondray Capital Acquisition Corp I (NAS:DRAY) » Definitions » Debt-to-Equity
Comparable Companies
HUGS LGTO KIII HORI CXAC EJFA PWUP TINV CIIG HYAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2995 Woodside Road, Suite 250, Woodside, CA, USA, 94062
Website
https://www.macondraycap.com
Macondray Capital Acquisition Corp I is a blank check company.
Executives
Lance Conn director, 10 percent owner, officer: Co-CEO and CFO 505 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gretchen Howard director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Macondray, Llc 10 percent owner 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Obinna Onyeagoro director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Claire Johnson director 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Robert Grady Burnett director, 10 percent owner, officer: Chairman and Co-CEO 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025