ITHXW (ITHAX Acquisition) Debt-to-Equity: 0.00 (As of Mar. 2022)

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ITHXW ITHAX Acquisition Corp ITHXW
24 GF Score
Price $0.38
! 1 Warning Sign
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What is ITHAX Acquisition Debt-to-Equity?

ITHAX Acquisition ITHXW 24 Debt-to-Equity is 0.00 as of Mar. 2022. GuruFocus rates ITHXW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

ITHAX Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. ITHAX Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. ITHAX Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $226.59 Mil. ITHAX Acquisition's debt to equity for the quarter that ended in Mar. 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 ITHAX Acquisition's Debt-to-Equity or its related term are showing as below:

During the past 2 years, the highest Debt-to-Equity Ratio of ITHAX Acquisition was 2.20. The lowest was 2.20. And the median was 2.20.

ITHXW'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.

ITHAX Acquisition  (NAS:ITHXW) 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.

ITHAX Acquisition Debt-to-Equity Related Terms

ITHAX Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ITHAX 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.

ITHAX Acquisition Debt-to-Equity Chart

ITHAX Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-Equity
2.20 0.00

ITHAX Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

ITHXW vs JGGC, MEKA, SLVR: Debt-to-Equity Comparison

For the Shell Companies subindustry, ITHAX 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.

ITHAX Acquisition Debt-to-Equity vs Diversified Financial Services Industry

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

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


ITHXW
24GF Score
ITHAX Acquisition Corp ITHXW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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ITHAX Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ITHAX 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) / 226.153
=0.00

ITHAX Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 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) / 226.586
=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?
ITHAX Acquisition (ITHXW) has a Debt-to-Equity of 0.00 as of Mar. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ITHAX Acquisition and its competitors. Over the past decade, ITHAX Acquisition's Debt-to-Equity has ranged from 2.20 to 2.20.
Is ITHAX Acquisition's Debt-to-Equity too high?
ITHAX Acquisition's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 2.20. Overall, ITHAX Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does ITHAX Acquisition's Debt-to-Equity compare to JGGC and MEKA?
ITHAX Acquisition'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, ITHAX Acquisition's own Debt-to-Equity has ranged from 2.20 to 2.20 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 ITHAX Acquisition 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. ITHAX Acquisition'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 ITHAX Acquisition stock overvalued right now?
ITHAX Acquisition (ITHXW) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. ITHAX Acquisition's overall GF Score™ is 24/100 with 1 warning sign to review. 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 ITHAX Acquisition (ITHXW), the current Debt-to-Equity is 0.00 as of Mar. 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.

ITHAX Acquisition Business Description

Address 555 Madison Avenue, Suite 11A, New York, NY, USA, 10022
ITHAX Acquisition Corp is a blank check company.
24GF Score

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