IIII has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
IIII has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
INSU Acquisition III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.96 Mil. INSU Acquisition III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. INSU Acquisition III's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $238.47 Mil. INSU Acquisition III'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 INSU Acquisition III's Debt-to-Equity or its related term are showing as below:
The historical data trend for INSU Acquisition III'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.
INSU Acquisition III Annual Data | |||||
Trend | Dec20 | Dec21 | |||
Debt-to-Equity | - | - |
INSU Acquisition III Quarterly Data | ||||||||
Oct20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Debt-to-Equity | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, INSU Acquisition III'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.
For the Diversified Financial Services industry and Financial Services sector, INSU Acquisition III's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where INSU Acquisition III's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
INSU Acquisition III'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 | |
= | (0.5 | + | 0) | / | 233.436 | |
= | 0.00 |
INSU Acquisition III'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 | |
= | (0.96 | + | 0) | / | 238.466 | |
= | 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.
INSU Acquisition III (NAS:IIII) 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.
Thank you for viewing the detailed overview of INSU Acquisition III's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel G Cohen | director, 10 percent owner | 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019 |
Pooler Joseph W. Jr. | officer: CFO and Secretary | 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870 |
Walter T Beach | director | 409 SILVERSIDE ROAD, WILMINGTON DE 19809 |
John C Chrystal | director | C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809 |
Cohen & Company, Llc | 10 percent owner | 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19103 |
John Miles Butler | officer: President and CEO | 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104 |
Sasson Posner | director | 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104 |
Sheila Nicoll | director | 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
Insurance Acquisition Sponsor Iii, Llc | 10 percent owner | 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
Dioptra Advisors Iii, Llc | 10 percent owner | 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
From GuruFocus
By Marketwired Marketwired • 02-02-2021
By Value_Insider Value_Insider • 11-18-2022
By Marketwired Marketwired • 06-04-2021
By Marketwired Marketwired • 12-23-2020
By GlobeNewswire GlobeNewswire • 11-18-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.