KludeIn I Acquisition (KludeIn I Acquisition) Debt-to-Equity : 0.01 (As of Dec. 2022)

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What is KludeIn I Acquisition Debt-to-Equity?

KludeIn I Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.69 Mil. KludeIn I Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.42 Mil. KludeIn I Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $95.00 Mil. KludeIn I Acquisition's debt to equity for the quarter that ended in Dec. 2022 was 0.01.

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 KludeIn I Acquisition's Debt-to-Equity or its related term are showing as below:

INKAU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 1.83 Max: 3.65
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of KludeIn I Acquisition was 3.65. The lowest was 0.01. And the median was 1.83.

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

KludeIn I Acquisition Debt-to-Equity Historical Data

The historical data trend for KludeIn I 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.

KludeIn I Acquisition Debt-to-Equity Chart

KludeIn I Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

3.65

0.01

KludeIn I Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	0.02	0.01

Competitive Comparison of KludeIn I Acquisition's Debt-to-Equity

For the Shell Companies subindustry, KludeIn I 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.

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

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

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

KludeIn I Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KludeIn I Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.687	+	0.422)	/	95
	=	0.01

KludeIn I Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.687	+	0.422)	/	95
	=	0.01

KludeIn I Acquisition (NAS:INKAU) 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.

KludeIn I Acquisition Debt-to-Equity Related Terms

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KludeIn I Acquisition (KludeIn I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » KludeIn I Acquisition Corp (NAS:INKAU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1096 Keeler Avenue, Berkeley, CA, USA, 94708

Website

KludeIn I Acquisition Corp is a blank check company.

Executives

Blake Ross	10 percent owner	1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Krishnan Rajagopalan	director	2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Mark W Bailey	director	10200 S DE ANZA BLVD, CUPERTINO CA 95014
Ashish Gupta	officer: Co-President	C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Kludein Prime Llc	10 percent owner	855 EL CAMINO REAL #13A-385, PALO ALTO CA 94301
Mary Krishnamoorthy	director, officer: Chief Financial Officer	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Narayan Ramachandran	director, 10 percent owner, officer: CEO, COB, Co-President	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Sriram Raghavan	10 percent owner	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Madhavan Rangaswami	director	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063