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Sustainable Development Acquisition I (Sustainable Development Acquisition I) Debt-to-Equity : 0.29 (As of Mar. 2023)


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What is Sustainable Development Acquisition I Debt-to-Equity?

Sustainable Development Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.05 Mil. Sustainable Development Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Sustainable Development Acquisition I's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $3.63 Mil. Sustainable Development Acquisition I's debt to equity for the quarter that ended in Mar. 2023 was 0.29.

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 Sustainable Development Acquisition I's Debt-to-Equity or its related term are showing as below:

SDAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.29   Max: 0.65
Current: 0.29

During the past 3 years, the highest Debt-to-Equity Ratio of Sustainable Development Acquisition I was 0.65. The lowest was 0.00. And the median was 0.29.

SDAC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs SDAC: 0.29

Sustainable Development Acquisition I Debt-to-Equity Historical Data

The historical data trend for Sustainable Development Acquisition I'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.

Sustainable Development Acquisition I Debt-to-Equity Chart

Sustainable Development Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.65 - -

Sustainable Development Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.29

Competitive Comparison of Sustainable Development Acquisition I's Debt-to-Equity

For the Shell Companies subindustry, Sustainable Development Acquisition I'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.

Sustainable Development Acquisition I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Sustainable Development Acquisition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sustainable Development Acquisition I'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
=(1.05 + 0) / 306.711
=0.00

Sustainable Development Acquisition I'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
=(1.05 + 0) / 3.631
=0.29

* 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.

Sustainable Development Acquisition I  (NAS:SDAC) 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.

Sustainable Development Acquisition I Debt-to-Equity Related Terms

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

Sustainable Development Acquisition I (Sustainable Development Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sustainable Development Acquisition I Corp (NAS:SDAC) » Definitions » Debt-to-Equity
Comparable Companies
ANAC HCMA ACTD PLMI HCNE DCRD GSRM BRKH SIER TWCB GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
5701 Truxtun Avenue, Suite 201, Bakersfield, CA, USA, 90036
Website
https://www.waterfoodenergyspac.com
Sustainable Development Acquisition I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Kathleen Brown director 488 8TH AVENUE, SAN DIEGO CA 92101
Neeman Brady Nicole Elana director, officer: Chief Executive Officer 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Annette Rodriguez director C/O SILK ROAD MEDICAL, INC., 1213 INNSBRUCK DRIVE, SUNNYVALE CA 94089
Robert A. Schultz director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Andrew Kassoy director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Eric John Techel officer: Chief Financial Officer 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036