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Pontem (Pontem) Debt-to-Equity : 0.01 (As of Mar. 2023)


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What is Pontem Debt-to-Equity?

Pontem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.38 Mil. Pontem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Pontem's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $225.61 Mil. Pontem's debt to equity for the quarter that ended in Mar. 2023 was 0.01.

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

PNTM.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Pontem was 0.01. The lowest was 0.00. And the median was 0.00.

PNTM.U's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs PNTM.U: 0.01

Pontem Debt-to-Equity Historical Data

The historical data trend for Pontem'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.

Pontem Debt-to-Equity Chart

Pontem Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
-5.66 - -

Pontem Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Pontem's Debt-to-Equity

For the Shell Companies subindustry, Pontem'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.

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

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

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


Pontem Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pontem'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
=(0.709 + 0) / 667.074
=0.00

Pontem'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
=(1.381 + 0) / 225.612
=0.01

* 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.

Pontem  (NYSE:PNTM.U) 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.

Pontem Debt-to-Equity Related Terms

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

Pontem (Pontem) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pontem Corp (NYSE:PNTM.U) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
2170 Buckthorne Place, Suite 320, The Woodlands, TX, USA, 77380
Website
https://www.pontemcorp.com
Pontem Corp is a blank check company.
Executives
David Hagen director 2170 BUCKTHORNE PLACE, SUITE 320, THE WOODLANDS TX 77390
Robert G Bohn director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Hubertus M Muhlhauser director, 10 percent owner, officer: Chairman and CEO MANITOWOC FOODSERVICE INC., 2227 WELBILT AVENUE, NEW PORT RICHEY FL 34655
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Luciano Mozzato director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Pontem Llc 10 percent owner 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Nina Murphy officer: Chief Financial Officer C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Burak Alici director, 10 percent owner, officer: Lead Director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Peter Grosch director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Sm-invest 10 percent owner HURDNERSTRASSE 60, CH-8640 HURDEN, SCHWYZ V8 00000