Global Consumer Acquisition (Global Consumer Acquisition) Debt-to-Equity : 0.03 (As of Sep. 2022)

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What is Global Consumer Acquisition Debt-to-Equity?

Global Consumer Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $4.74 Mil. Global Consumer Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Global Consumer Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $172.09 Mil. Global Consumer Acquisition's debt to equity for the quarter that ended in Sep. 2022 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 Global Consumer Acquisition's Debt-to-Equity or its related term are showing as below:

GACQ's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.115
* Ranked among companies with meaningful Debt-to-Equity only.

Global Consumer Acquisition Debt-to-Equity Historical Data

The historical data trend for Global Consumer 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.

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Global Consumer Acquisition Debt-to-Equity Chart

Global Consumer Acquisition Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

N/A

Global Consumer Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	0.02	0.03

Competitive Comparison of Global Consumer Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Global Consumer 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.

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

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

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

Global Consumer Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Consumer Acquisition'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)	/	170.345
	=	0.00

Global Consumer Acquisition'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
	=	(4.74	+	0)	/	172.093
	=	0.03

Global Consumer Acquisition (NAS:GACQ) 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.

Global Consumer Acquisition Debt-to-Equity Related Terms

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Global Consumer Acquisition (Global Consumer Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Consumer Acquisition Corp (NAS:GACQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1926 Rand Ridge Court, Marietta, GA, USA, 30062

Website

Global Consumer Acquisition Corp is a blank check company.

Executives

Sergio Pedreiro	director	2 PARK AVENUE, NEW YORK NY 10016
Arthur B Drogue	director	C/O SPAR GROUP, INC., 333 WESTCHESTER AVE, SOUTH BLDG, STE 204, WHITE PLAINS NY 10604
Denis Tse	director	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Gautham Pai	director, 10 percent owner	1926 RAND RIDGE COURT, MARIETTA GA 30062
Rohan Ajila	director, 10 percent owner, officer: CEO and CFO	1926 RAND RIDGE COURT, MARIETTA GA 30062
Global Consumer Acquisition Llc	10 percent owner	1926 RAND RIDGE COURT, MARIETTA GA 30062
Tom Clausen	director	1926 RAND RIDGE COURT, MARIETTA GA 30062