Lefteris Acquisition (Lefteris Acquisition) Debt-to-Equity : 0.00 (As of Jun. 2022)

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What is Lefteris Acquisition Debt-to-Equity?

Lefteris Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Lefteris Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Lefteris Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $195.45 Mil. Lefteris Acquisition's debt to equity for the quarter that ended in Jun. 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 Lefteris 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 Lefteris Acquisition was 1.09. The lowest was 0.00. And the median was 0.54.

LFTRU's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Lefteris Acquisition Debt-to-Equity Historical Data

The historical data trend for Lefteris 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.

Lefteris Acquisition Debt-to-Equity Chart

Lefteris Acquisition Annual Data

Trend

Dec20

Dec21

Debt-to-Equity

Lefteris Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

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

For the Shell Companies subindustry, Lefteris 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.

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

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

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

Lefteris Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lefteris 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)	/	176.826
	=	0.00

Lefteris Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 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)	/	195.451
	=	0.00

Lefteris Acquisition (NAS:LFTRU) 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.

Lefteris Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Lefteris Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Lefteris Acquisition (Lefteris Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

292 Newbury Street, Suite 293, Boston, MA, USA, 02115

Website

Lefteris Acquisition Corp is a blank check company.

Executives

Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Mark S Casady	director, 10 percent owner, officer: Chairman of the Board	C/O ONE BEACON STREET, 22ND FLOOR, BOSTON MA 02108
Jon D Isaacson	officer: Chief Financial Officer	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
Karl A Roessner	director, officer: Chief Executive Officer	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
David P. Bergers	officer: General Counsel	75 STATE STREET, 23RD FLOOR, BOSTON MA 02109
Ryan Parker	director	C/O LPL FINANCIAL HOLDINGS, INC., 75 STATE STREET, 24TH FLOOR, BOSTON MA 02109
Charles Roame	director	1735 TIBURON BOULEVARD, TIBURON CA 94920
Lefteris Holdings Llc	10 percent owner	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
April Rudin	director	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115

Lefteris Acquisition (Lefteris Acquisition) Headlines

From GuruFocus

Lefteris Successfully Completes its Initial Public Offering

By PRNewswire PRNewswire • 10-23-2020

Lefteris Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

Lefteris Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing December 15, 2020

By PRNewswire PRNewswire • 12-12-2020