MEOAW (Minority Equality Opportunities Acquisition) Debt-to-Equity: 1.03 (As of Mar. 2023) — 10200% Above Median

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MEOAW Minority Equality Opportunities Acquisition Inc MEOAW
19 GF Score
Price $0.08
! 2 Warning Signs
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What is Minority Equality Opportunities Acquisition Debt-to-Equity?

Minority Equality Opportunities Acquisition MEOAW 19 Debt-to-Equity is 1.03 as of Mar. 2023, which is 10200% above its 10-year median of 0.01. GuruFocus rates MEOAW with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Minority Equality Opportunities Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.77 Mil. Minority Equality Opportunities Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Minority Equality Opportunities Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $1.72 Mil. Minority Equality Opportunities Acquisition's debt to equity for the quarter that ended in Mar. 2023 was 1.03.

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 Minority Equality Opportunities Acquisition's Debt-to-Equity or its related term are showing as below:

MEOAW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 1.04
Current: 1.03

During the past 2 years, the highest Debt-to-Equity Ratio of Minority Equality Opportunities Acquisition was 1.04. The lowest was 0.00. And the median was 0.01.

MEOAW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs MEOAW: 1.03

Minority Equality Opportunities Acquisition  (NAS:MEOAW) 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.


Minority Equality Opportunities Acquisition Debt-to-Equity Related Terms


Minority Equality Opportunities Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Minority Equality Opportunities 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.

Minority Equality Opportunities Acquisition Debt-to-Equity Chart

Minority Equality Opportunities Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
0.00 1.04

Minority Equality Opportunities Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial 0.00 0.00 0.01 1.04 1.03

MEOAW vs EBAC, SCMA, CNTQ: Debt-to-Equity Comparison

For the Shell Companies subindustry, Minority Equality Opportunities 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.


Minority Equality Opportunities Acquisition Debt-to-Equity vs Diversified Financial Services Industry

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

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


MEOAW
19GF Score
Minority Equality Opportunities Acquisition Inc MEOAW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Minority Equality Opportunities Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minority Equality Opportunities Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Minority Equality Opportunities Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2023 is calculated as

* 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 1.03 mean?
Minority Equality Opportunities Acquisition (MEOAW) has a Debt-to-Equity of 1.03 as of Mar. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Minority Equality Opportunities Acquisition and its competitors. This is 10200% above median its historical median of 0.01.
Is Minority Equality Opportunities Acquisition's Debt-to-Equity too high?
Minority Equality Opportunities Acquisition's current Debt-to-Equity of 1.03 is 10200% above median its 10-year median of 0.01. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Minority Equality Opportunities Acquisition's value of 1.03 is 472.2% above this industry median. Overall, Minority Equality Opportunities Acquisition has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Minority Equality Opportunities Acquisition's Debt-to-Equity compare to EBAC and SCMA?
Minority Equality Opportunities Acquisition's Debt-to-Equity of 1.03 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. Minority Equality Opportunities Acquisition's value of 1.03 is 472.2% above this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.18, Minority Equality Opportunities Acquisition has consistently been above the industry average. 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. Minority Equality Opportunities Acquisition's current Debt-to-Equity of 1.03 is 472.2% above the industry median. 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 Minority Equality Opportunities 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. Minority Equality Opportunities Acquisition's current Debt-to-Equity is 1.03, which is 10200% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minority Equality Opportunities Acquisition stock overvalued right now?
Minority Equality Opportunities Acquisition (MEOAW) has a current Debt-to-Equity of 1.03. The current Debt-to-Equity is 1.03, which is 10200% above median its 10-year median of 0.01 and 472.2% above the Diversified Financial Services industry median of 0.18. Minority Equality Opportunities Acquisition's overall GF Score™ is 19/100 with 2 warning signs 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 Minority Equality Opportunities Acquisition (MEOAW), the current Debt-to-Equity is 1.03 as of Mar. 2023. 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.

Minority Equality Opportunities Acquisition Business Description

Address 100 Executive Court, Waxahachie, TX, USA, 75165
Minority Equality Opportunities Acquisition Inc is a blank check company.
19GF Score

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