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Venus Acquisition (Venus Acquisition) Debt-to-Equity : 0.05 (As of Sep. 2022)


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What is Venus Acquisition Debt-to-Equity?

Venus Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.11 Mil. Venus Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Venus Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $44.82 Mil. Venus Acquisition's debt to equity for the quarter that ended in Sep. 2022 was 0.05.

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

VENA's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Venus Acquisition Debt-to-Equity Historical Data

The historical data trend for Venus 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.

Venus Acquisition Debt-to-Equity Chart

Venus Acquisition Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
- 32.14 -2.19 -

Venus Acquisition Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 0.03 0.05

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

For the Shell Companies subindustry, Venus 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.


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

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

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



Venus Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Venus Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Venus Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2022 is calculated as

* 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.


Venus Acquisition  (NAS:VENA) 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.


Venus Acquisition Debt-to-Equity Related Terms

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


Venus Acquisition (Venus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, 6th Floor, New York, NY, USA, 10022
Website
Venus Acquisition Corp is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming director, officer: Chairman + CEO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi director, officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen director 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022