Oxbridge Acquisition (Oxbridge Acquisition) Debt-to-Equity : 0.08 (As of Mar. 2023)

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What is Oxbridge Acquisition Debt-to-Equity?

Oxbridge Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Oxbridge Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.58 Mil. Oxbridge Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $7.36 Mil. Oxbridge Acquisition's debt to equity for the quarter that ended in Mar. 2023 was 0.08.

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

OXAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.08 Max: 0.08
Current: 0.08

During the past 2 years, the highest Debt-to-Equity Ratio of Oxbridge Acquisition was 0.08. The lowest was 0.07. And the median was 0.08.

OXAC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs OXAC: 0.08

Oxbridge Acquisition Debt-to-Equity Historical Data

The historical data trend for Oxbridge 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.

Oxbridge Acquisition Debt-to-Equity Chart

Oxbridge Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.07

Oxbridge Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	0.07	0.08

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

For the Shell Companies subindustry, Oxbridge 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.

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

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

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

Oxbridge Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oxbridge 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	+	0.575)	/	7.978
	=	0.07

Oxbridge Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	0.575)	/	7.363
	=	0.08

Oxbridge Acquisition (NAS:OXAC) 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.

Oxbridge Acquisition Debt-to-Equity Related Terms

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

Oxbridge Acquisition (Oxbridge Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Edward Street, Georgetown, Suite 201, P.O. Box 469, Grand Cayman, CYM, KY1-9006

Website

https://oxbridgeaq.com

Oxbridge Acquisition Corp is a blank check company.

Executives

Patrick Mcnulty	officer: Chief Operating Officer	10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
George Iii Murnane	director, officer: INTERIM CFO	1945 AIRPORT ROAD SUIRE 200, ATLANTA GA 30341
Ehud Talmor	director	10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Ran David	director	10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Michael D. Winston	director, officer: EXEC. CHAIRMAN & INTERIM CEO	10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Donald Jeffrey Woods	director	10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS NV 89135
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
William L Yankus	director	10 PHEASANT HILL, FARMINGTON CT 06032
Allan S. Martin	director	401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Sanjay Madhu	director, officer: CEO, President and Chairman	425 EAST DAVIS BLVD., TAMPA FL 33606
Wrendon Timothy	director, officer: CFO, Treas., Sec'y & Director	P.O. BOX 469, CAMANA BAY E9 KY1-9006
Oac Sponsor Ltd.	10 percent owner	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Jason Tk Butcher	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006