TLG Acquisition One (TLG Acquisition One) Debt-to-Equity : 0.07 (As of Mar. 2023)

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What is TLG Acquisition One Debt-to-Equity?

TLG Acquisition One's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.90 Mil. TLG Acquisition One's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. TLG Acquisition One's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $57.03 Mil. TLG Acquisition One's debt to equity for the quarter that ended in Mar. 2023 was 0.07.

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 TLG Acquisition One's Debt-to-Equity or its related term are showing as below:

TLGA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 6.27
Current: 0.07

During the past 3 years, the highest Debt-to-Equity Ratio of TLG Acquisition One was 6.27. The lowest was 0.00. And the median was 0.01.

TLGA's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs TLGA: 0.07

TLG Acquisition One Debt-to-Equity Historical Data

The historical data trend for TLG Acquisition One'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.

TLG Acquisition One Debt-to-Equity Chart

TLG Acquisition One Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

6.27

0.04

TLG Acquisition One Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial					0.01	0.01	0.01	0.04	0.07

Competitive Comparison of TLG Acquisition One's Debt-to-Equity

For the Shell Companies subindustry, TLG Acquisition One'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.

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

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

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

TLG Acquisition One Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TLG Acquisition One'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
	=	(2.33	+	0)	/	58.138
	=	0.04

TLG Acquisition One'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
	=	(3.897	+	0)	/	57.034
	=	0.07

TLG Acquisition One (NYSE:TLGA) 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.

TLG Acquisition One Debt-to-Equity Related Terms

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

TLG Acquisition One (TLG Acquisition One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLG Acquisition One Corp (NYSE:TLGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401

Website

https://www.tlgacquisitions.com

TLG Acquisition One Corp is a blank check company.

Executives

Zainabu Oke	director	8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie	director, 10 percent owner, officer: See Remarks	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa	director	C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson	director, officer: Chief Financial Officer	ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner	director	3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc	10 percent owner	515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

From GuruFocus

TLG Acquisition One Corp. Stockholders Approve Previously Announced Business Combination with Electriq Power, Inc. and TLG Announces Cancellation of Extension Meeting

By Business Wire • 07-25-2023

TLG Acquisition One Corp. Announces Updates to its Joint Proxy Statement/Consent Solicitation Statement/Prospectus in Connection with its Proposed Business Combination and its Proxy Statement in Connection with its Extension Meeting

By Business Wire • 07-14-2023

U.S. Home Solar Battery Storage Solutions Provider Electriq Power to Merge with TLG Acquisition One Corp.

By Business Wire Business Wire • 11-14-2022

TLG Acquisition One Corp. Announces Closing of Upsized $400 Million Initial Public Offering

By Business Wire Business Wire • 02-02-2021

Electriq Power Announces Nominees for New Public Company Board of Directors

By sperokesalga sperokesalga • 03-22-2023

Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to All San Luis Obispo County Residents in Collaboration with the SLO Climate Coalition

By sperokesalga sperokesalga • 04-27-2023

Wealthspring Capital LLC Buys TLG Acquisition One Corp, ITHAX Acquisition Corp, Twelve Seas Investment Co II, Sells Sports Entertainment Acquisition Corp, Sustainable Opportunities Acquisition Corp, Fusion Acquisition Corp

By GuruFocus Research GuruFocus Editor • 05-19-2021

TLG Acquisition One Corp. Announces Effectiveness of Registration Statement and July 25, 2023 Scheduled Special Meeting of Stockholders to Approve Business Combination with Electriq Power, Inc.

By Business Wire • 07-17-2023