PAICW (Petra Acquisition) Debt-to-Equity: 0.00 (As of Sep. 2021)

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What is Petra Acquisition Debt-to-Equity?

Petra Acquisition PAICW Debt-to-Equity is 0.00 as of Sep. 2021. The stock has 1 warning sign investors should review.

Petra Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil. Petra Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.00 Mil. Petra Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $66.91 Mil. Petra Acquisition's debt to equity for the quarter that ended in Sep. 2021 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 Petra 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 Petra Acquisition was 21.15. The lowest was 4.50. And the median was 12.83.

PAICW's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Petra Acquisition  (NAS:PAICW) 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.

Petra Acquisition Debt-to-Equity Related Terms

Petra Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Petra 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.

Petra Acquisition Debt-to-Equity Chart

Petra Acquisition Annual Data
Trend Dec19 Dec20
Debt-to-Equity
-2.50 0.00

Petra Acquisition Semi-Annual Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-Equity Get a 7-Day Free Trial 21.15 0.00 0.00 0.00 0.00

PAICW vs : Debt-to-Equity Comparison

For the Shell Companies subindustry, Petra 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.

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

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

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


Petra Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petra Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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) / 67.817
=0.00

Petra Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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) / 66.907
=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?
Petra Acquisition (PAICW) has a Debt-to-Equity of 0.00 as of Sep. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Petra Acquisition and its competitors. Over the past decade, Petra Acquisition's Debt-to-Equity has ranged from 4.50 to 21.15.
Is Petra Acquisition's Debt-to-Equity too high?
Petra Acquisition's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 21.15.
How does Petra Acquisition's Debt-to-Equity compare to ?
Petra 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. Historically, Petra Acquisition's own Debt-to-Equity has ranged from 4.50 to 21.15 over the past decade. 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 175 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 Petra 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. Petra 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 Petra Acquisition stock overvalued right now?
Petra Acquisition (PAICW) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Petra Acquisition (PAICW), the current Debt-to-Equity is 0.00 as of Sep. 2021. 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.

Petra Acquisition Business Description

Comparable Companies
Address 5 West 21st Street, New York, NY, USA, 10010
Petra Acquisition Inc is a blank check company.