OLITW (OmniLit Acquisition) Debt-to-Equity: 0.05 (As of Sep. 2023) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OLITW OmniLit Acquisition Corp OLITW
20 GF Score
Price $0.08
! 1 Warning Sign
View Full Analysis

What is OmniLit Acquisition Debt-to-Equity?

OmniLit Acquisition OLITW +33.33% 20 Debt-to-Equity is 0.05 as of Sep. 2023, which is at its 10-year median of 0.05. GuruFocus rates OLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

OmniLit Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.70 Mil. OmniLit Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. OmniLit Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $13.17 Mil. OmniLit Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.05.

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

OLITW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.05   Max: 12
Current: 0.05

During the past 2 years, the highest Debt-to-Equity Ratio of OmniLit Acquisition was 12.00. The lowest was 0.05. And the median was 0.05.

OLITW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs OLITW: 0.05

OmniLit Acquisition  (NAS:OLITW) 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.


OmniLit Acquisition Debt-to-Equity Related Terms


OmniLit Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for OmniLit 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.

OmniLit Acquisition Debt-to-Equity Chart

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

OmniLit Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.05 0.05

OLITW vs AFAR, LBBB, ROSE: Debt-to-Equity Comparison

For the Shell Companies subindustry, OmniLit 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.


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

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

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


OLITW
20GF Score
OmniLit Acquisition Corp OLITW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OmniLit Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

OmniLit Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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 0.05 mean?
OmniLit Acquisition (OLITW) has a Debt-to-Equity of 0.05 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OmniLit Acquisition and its competitors. This is near median its historical median of 0.05. Over the past decade, OmniLit Acquisition's Debt-to-Equity has ranged from 0.05 to 12.00.
Is OmniLit Acquisition's Debt-to-Equity too high?
OmniLit Acquisition's current Debt-to-Equity of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 12.00. The Diversified Financial Services industry median Debt-to-Equity is 0.18. OmniLit Acquisition's value of 0.05 is 72.2% below this industry median. Overall, OmniLit Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OmniLit Acquisition's Debt-to-Equity compare to AFAR and LBBB?
OmniLit Acquisition's Debt-to-Equity of 0.05 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. OmniLit Acquisition's value of 0.05 is 72.2% below this benchmark. Historically, OmniLit Acquisition's own Debt-to-Equity has ranged from 0.05 to 12.00 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.18, OmniLit Acquisition has consistently been below 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. OmniLit Acquisition's current Debt-to-Equity of 0.05 is 72.2% below 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 OmniLit 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. OmniLit Acquisition's current Debt-to-Equity is 0.05, which is near median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniLit Acquisition stock overvalued right now?
OmniLit Acquisition (OLITW) has a current Debt-to-Equity of 0.05. The current Debt-to-Equity is 0.05, which is near median its 10-year median of 0.05 and 72.2% below the Diversified Financial Services industry median of 0.18. OmniLit Acquisition's overall GF Score™ is 20/100 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 OmniLit Acquisition (OLITW), the current Debt-to-Equity is 0.05 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.

OmniLit Acquisition Business Description

Address 1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
OmniLit Acquisition Corp is a blank check company.
20GF Score

Get the complete analysis for OLITW

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

$0.08
Price