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CC Neuberger Principal Holdings III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. CC Neuberger Principal Holdings III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.32 Mil. CC Neuberger Principal Holdings III's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $25.16 Mil. CC Neuberger Principal Holdings III's debt to equity for the quarter that ended in Jun. 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 CC Neuberger Principal Holdings III's Debt-to-Equity or its related term are showing as below:
During the past 3 years, the highest Debt-to-Equity Ratio of CC Neuberger Principal Holdings III was 0.05. The lowest was 0.00. And the median was 0.01.
The historical data trend for CC Neuberger Principal Holdings III'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.
CC Neuberger Principal Holdings III Annual Data | |||||||
Trend | Dec20 | Dec21 | Dec22 | ||||
Debt-to-Equity | - | 0.01 | - |
CC Neuberger Principal Holdings III Quarterly Data | ||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Debt-to-Equity | Get a 7-Day Free Trial | - | - | - | 0.01 | 0.05 |
For the Shell Companies subindustry, CC Neuberger Principal Holdings III'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.
For the Diversified Financial Services industry and Financial Services sector, CC Neuberger Principal Holdings III's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CC Neuberger Principal Holdings III's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
CC Neuberger Principal Holdings III'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 | + | 0.072) | / | 392.315 | |
= | 0.00 |
CC Neuberger Principal Holdings III's Debt to Equity Ratio for the quarter that ended in Jun. 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 | + | 1.316) | / | 25.156 | |
= | 0.05 |
* 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.
CC Neuberger Principal Holdings III (NYSE:PRPC.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.
Thank you for viewing the detailed overview of CC Neuberger Principal Holdings III's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthew Mannelly | director | C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518 |
Hackney Jesse Joel Jr | director | 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015 |
Chinh Chu | director, officer: Chief Executive Officer | THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154 |
Jason K Giordano | officer: EVP, Corporate Development | 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154 |
Matthew Skurbe | officer: Chief Financial Officer | C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166 |
Keith W Abell | director | 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013 |
Douglas Newton | officer: EVP, Corporate Development | 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134 |
Charles Kantor | director | C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104 |
Cc Neuberger Principal Holdings Iii Sponsor Llc | director, 10 percent owner | C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166 |
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