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

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DRAYW Macondray Capital Acquisition Corp I DRAYW
22 GF Score
Price $0.00
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What is Macondray Capital Acquisition I Debt-to-Equity?

Macondray Capital Acquisition I DRAYW 22 Debt-to-Equity is 0.00 as of Sep. 2022. GuruFocus rates DRAYW with a GF Score™ of 22/100.

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:

During the past 1 years, the highest Debt-to-Equity Ratio of Macondray Capital Acquisition I was 16.67. The lowest was 16.67. And the median was 16.67.

DRAYW's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Macondray Capital Acquisition I  (NAS:DRAYW) 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

Macondray Capital Acquisition I Debt-to-Equity Historical Data

* Premium members only.

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.

Macondray Capital Acquisition I Debt-to-Equity Chart

Macondray Capital Acquisition I Annual Data
Trend Dec21
Debt-to-Equity
0.00

Macondray Capital Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

DRAYW vs HUGS, LGTO, KIII: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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.


DRAYW
22GF Score
Macondray Capital Acquisition Corp I DRAYW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Macondray Capital Acquisition I (DRAYW) has a Debt-to-Equity of 0.00 as of Sep. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Macondray Capital Acquisition I and its competitors. Over the past decade, Macondray Capital Acquisition I's Debt-to-Equity has ranged from 16.67 to 16.67.
Is Macondray Capital Acquisition I's Debt-to-Equity too high?
Macondray Capital Acquisition I's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 16.67 to a high of 16.67. Overall, Macondray Capital Acquisition I has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Macondray Capital Acquisition I's Debt-to-Equity compare to HUGS and LGTO?
Macondray Capital Acquisition I's Debt-to-Equity of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. Historically, Macondray Capital Acquisition I's own Debt-to-Equity has ranged from 16.67 to 16.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 171 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Macondray Capital Acquisition I and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macondray Capital Acquisition I's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macondray Capital Acquisition I stock overvalued right now?
Macondray Capital Acquisition I (DRAYW) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Macondray Capital Acquisition I's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Macondray Capital Acquisition I (DRAYW), the current Debt-to-Equity is 0.00 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Macondray Capital Acquisition I Business Description

Address 2995 Woodside Road, Suite 250, Woodside, CA, USA, 94062
Macondray Capital Acquisition Corp I is a blank check company.
22GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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