NCACW (Newcourt Acquisition) Debt-to-Equity: 0.00 (As of Sep. 2023)

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NCACW Newcourt Acquisition Corp NCACW
24 GF Score
Price $0.05
! 1 Warning Sign
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What is Newcourt Acquisition Debt-to-Equity?

Newcourt Acquisition NCACW 24 Debt-to-Equity is 0.00 as of Sep. 2023. GuruFocus rates NCACW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Newcourt Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-3.50 Mil. Newcourt Acquisition's debt to equity for the quarter that ended in Sep. 2023 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 Newcourt Acquisition's Debt-to-Equity or its related term are showing as below:

NCACW' s Debt-to-Equity Range Over the Past 10 Years
Min: -10   Med: -0.61   Max: 0.81
Current: -0.34

During the past 2 years, the highest Debt-to-Equity Ratio of Newcourt Acquisition was 0.81. The lowest was -10.00. And the median was -0.61.

NCACW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs NCACW: -0.34

Newcourt Acquisition  (NAS:NCACW) 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.

Newcourt Acquisition Debt-to-Equity Related Terms

Newcourt Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Newcourt 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.

Newcourt Acquisition Debt-to-Equity Chart

Newcourt Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
0.00 0.00

Newcourt Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.45 0.81 0.00

NCACW vs GAMC, MARX, FTII: Debt-to-Equity Comparison

For the Shell Companies subindustry, Newcourt 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.

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

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

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


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

Debt to Equity measures the financial leverage a company has.

Newcourt 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 + 0) / 244.66
=0.00

Newcourt Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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) / -3.497
=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?
Newcourt Acquisition (NCACW) has a Debt-to-Equity of 0.00 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Newcourt Acquisition and its competitors.
Is Newcourt Acquisition's Debt-to-Equity too high?
Newcourt Acquisition's current Debt-to-Equity is 0.00. Overall, Newcourt Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Newcourt Acquisition's Debt-to-Equity compare to GAMC and MARX?
Newcourt 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. 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 Newcourt 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. Newcourt 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 Newcourt Acquisition stock overvalued right now?
Newcourt Acquisition (NCACW) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Newcourt 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 Newcourt Acquisition (NCACW), the current Debt-to-Equity is 0.00 as of Sep. 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.

Newcourt Acquisition Business Description

Address 2201 Broadway, Suite 705, Oakland, CA, USA, 94612
Newcourt Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
24GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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