Celestial Acquisition (TSXV:CES.P) Debt-to-Equity : 0.00 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Celestial Acquisition Debt-to-Equity?

Celestial Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Celestial Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Celestial Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$0.48 Mil. Celestial Acquisition's debt to equity for the quarter that ended in Dec. 2024 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 Celestial Acquisition's Debt-to-Equity or its related term are showing as below:

TSXV:CES.P's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Celestial Acquisition Debt-to-Equity Historical Data

The historical data trend for Celestial 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.

Celestial Acquisition Debt-to-Equity Chart

Celestial Acquisition Annual Data

Trend

Sep22

Sep23

Sep24

Debt-to-Equity

Celestial Acquisition Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	-	-

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

For the Shell Companies subindustry, Celestial 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.

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

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

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

Save Embed

;

Save Embed

;

Celestial Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Celestial Acquisition's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 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)	/	0.489
	=	0.00

Celestial Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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)	/	0.477
	=	0.00

Celestial Acquisition (TSXV:CES.P) 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.

Celestial Acquisition Debt-to-Equity Related Terms

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

Celestial Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Celestial Acquisition Corp (TSXV:CES.P) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

Celestial Acquisition Corp is a capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (as defined under the policies of the Exchange) (the "QT"). The Corporation has not commenced commercial operations and has no assets other than cash. Company operates single segment.

Celestial Acquisition Headlines

No Headlines