Spectaire Holdings (Spectaire Holdings) Debt-to-Equity : -0.27 (As of Dec. 2023)

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What is Spectaire Holdings Debt-to-Equity?

Spectaire Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.12 Mil. Spectaire Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Spectaire Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-27.19 Mil. Spectaire Holdings's debt to equity for the quarter that ended in Dec. 2023 was -0.27.

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

SPEC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.1 Med: -0.68 Max: -0.27
Current: -0.27

During the past 3 years, the highest Debt-to-Equity Ratio of Spectaire Holdings was -0.27. The lowest was -1.10. And the median was -0.68.

SPEC's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs SPEC: -0.27

Spectaire Holdings Debt-to-Equity Historical Data

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Debt-to-Equity Chart

Spectaire Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-1.10

-0.27

Spectaire Holdings Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23
Debt-to-Equity	-	N/A	-1.10	1.26	-0.27

Competitive Comparison of Spectaire Holdings's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Spectaire Holdings'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.

Spectaire Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's Debt-to-Equity distribution charts can be found below:

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

Spectaire Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spectaire Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(7.117	+	0.137)	/	-27.192
	=	-0.27

Spectaire Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(7.117	+	0.137)	/	-27.192
	=	-0.27

Spectaire Holdings (NAS:SPEC) 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.

Spectaire Holdings Debt-to-Equity Related Terms

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

Spectaire Holdings (Spectaire Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spectaire Holdings Inc (NAS:SPEC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Arlington Street, Watertown, MA, USA, 02472

Website

https://www.spectaire.com

Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.

Executives

Brian Semkiw	director, officer: Chairman & CEO	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Joerg Mosolf	director	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Perception Capital Partners Llc	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Rui Mendes	officer: Chief Information Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Gianfranco Baldesarra	director	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Christopher Grossman	officer: Chief Commercial Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Leonardo Fernandes	officer: Chief Financial Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Brian Hemond	director, officer: Chief Technology Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Northern Pacific Group, L.p.	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Tao Tan	director	7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Karrie Willis	director	C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830

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