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Interra Acquisition (HKSE:04801) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Interra Acquisition Debt-to-Equity?

Interra Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Interra Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Interra Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-121.57 Mil. Interra Acquisition's debt to equity for the quarter that ended in Dec. 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 Interra Acquisition's Debt-to-Equity or its related term are showing as below:

HKSE:04801' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01   Med: -0.01   Max: -0.01
Current: -0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Interra Acquisition was -0.01. The lowest was -0.01. And the median was -0.01.

HKSE:04801's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs HKSE:04801: -0.01

Interra Acquisition Debt-to-Equity Historical Data

The historical data trend for Interra 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.

Interra Acquisition Debt-to-Equity Chart

Interra Acquisition Annual Data
Trend Dec22 Dec23
Debt-to-Equity
-0.01 -

Interra Acquisition Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Debt-to-Equity - -0.01 -0.01 -

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

For the Shell Companies subindustry, Interra 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.

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

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

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


Interra Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Interra Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 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) / -121.569
=0.00

Interra Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 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) / -121.569
=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.

Interra Acquisition  (HKSE:04801) 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.

Interra Acquisition Debt-to-Equity Related Terms

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Interra Acquisition (HKSE:04801) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Interra Acquisition Corp (HKSE:04801) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong, HKG
Website
https://www.interraacquisition.com
Interra Acquisition Corp is a newly incorporated special purpose acquisition company. Its strategy is to invest in high-growth companies focused on Greater China in the sectors of technology, consumer and new retail, manufacturing, healthcare and climate action.

Interra Acquisition (HKSE:04801) Headlines

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