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Relativity Acquisition (Relativity Acquisition) Debt-to-Equity : 0.00 (As of Sep. 2023)


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What is Relativity Acquisition Debt-to-Equity?

Relativity Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Relativity Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Relativity Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.40 Mil. Relativity Acquisition's debt to equity for the quarter that ended in Sep. 2023 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 Relativity 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 Relativity Acquisition was 5.11. The lowest was 0.05. And the median was 2.58.

RACY's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Relativity Acquisition Debt-to-Equity Historical Data

The historical data trend for Relativity 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.

Relativity Acquisition Debt-to-Equity Chart

Relativity Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
0.05 -

Relativity Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

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

For the Shell Companies subindustry, Relativity 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.

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

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

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


Relativity Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Relativity 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) / 2.045
=0.00

Relativity Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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) / -0.402
=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.

Relativity Acquisition  (NAS:RACY) 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.

Relativity Acquisition Debt-to-Equity Related Terms

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

Relativity Acquisition (Relativity Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Relativity Acquisition Corp (NAS:RACY) » Definitions » Debt-to-Equity
Comparable Companies
ARYE MITA AMCI RACB BLSA RICO ARYD CCAI OCAX CLOE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
C/o 3753 Howard Hughes Parkway, Suite 200, Las Vegas, NV, USA, 89169
Website
https://relativityacquisitions.com
Relativity Acquisition Corp is a blank check company.
Executives
Knuettel Ii Francis director 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Emily Paxhia director 10124 FOXHURST COURT, ORLANDO FL 32836
Relativity Acquisition Sponsor Llc 10 percent owner 3753 HOWARD HUGHES PARKWAY, SUITE 200, LAS VEGAS NV 89619
Tarek Tabsh director, 10 percent owner, officer: Chief Executive Officer C/O 3753 HOWARD HUGHES PKWY SUITE 200, LAS VEGAS NV 89169
Steven Berg officer: CFO C/O 3753 HOWARD HUGHES PKWY SUITE 200, LAS VEGAS NV 89169