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Pine Island Acquisition (Pine Island Acquisition) Debt-to-Equity : 0.00 (As of Jun. 2022)


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What is Pine Island Acquisition Debt-to-Equity?

Pine Island Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.54 Mil. Pine Island Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Pine Island Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $206.17 Mil. Pine Island Acquisition's debt to equity for the quarter that ended in Jun. 2022 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 Pine Island Acquisition's Debt-to-Equity or its related term are showing as below:

PIPP's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Pine Island Acquisition Debt-to-Equity Historical Data

The historical data trend for Pine Island 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.

Pine Island Acquisition Debt-to-Equity Chart

Pine Island Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-Equity
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Pine Island Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of Pine Island Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Pine Island 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.


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

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

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



Pine Island Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pine Island Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Pine Island Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Pine Island Acquisition  (NYSE:PIPP) 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.


Pine Island Acquisition Debt-to-Equity Related Terms

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


Pine Island Acquisition (Pine Island Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2455 E. Sunrise Boulevard, Suite 1205, Fort Lauderdale, FL, USA, 33304
Pine Island Acquisition Corp is a blank check company.
Executives
Michael E Roemer director AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
John A Thain director, officer: Chairman of the Board C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Bridge Charles G Jr officer: CFO and Secretary 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Capricia P Marshall director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Philip A Cooper director, officer: CEO and President 2455 E. SUNRISE BLVD, SUITE 1205, FORT LAUDERDALE FL 33304
Pine Island Sponsor Llc 10 percent owner 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Stuart W Holliday director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304