Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Debt-to-Equity : 0.01 (As of Jun. 2023)

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What is Vahanna Tech Edge Acquisition I Debt-to-Equity?

Vahanna Tech Edge Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.54 Mil. Vahanna Tech Edge Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Vahanna Tech Edge Acquisition I's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $199.45 Mil. Vahanna Tech Edge Acquisition I's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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 Vahanna Tech Edge Acquisition I's Debt-to-Equity or its related term are showing as below:

VHNA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 6.93
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Vahanna Tech Edge Acquisition I was 6.93. The lowest was 0.00. And the median was 0.00.

VHNA's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.125 vs VHNA: 0.01

Vahanna Tech Edge Acquisition I Debt-to-Equity Historical Data

The historical data trend for Vahanna Tech Edge 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.

Vahanna Tech Edge Acquisition I Debt-to-Equity Chart

Vahanna Tech Edge Acquisition I Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Vahanna Tech Edge Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	0.01	0.01

Competitive Comparison of Vahanna Tech Edge Acquisition I's Debt-to-Equity

For the Shell Companies subindustry, Vahanna Tech Edge 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.

Vahanna Tech Edge Acquisition I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Vahanna Tech Edge Acquisition I's Debt-to-Equity falls into.

Vahanna Tech Edge Acquisition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vahanna Tech Edge 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
	=	(0.3	+	0)	/	199.336
	=	0.00

Vahanna Tech Edge Acquisition I's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.535	+	0)	/	199.453
	=	0.01

Vahanna Tech Edge Acquisition I (NAS:VHNA) 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.

Vahanna Tech Edge Acquisition I Debt-to-Equity Related Terms

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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vahanna Tech Edge Acquisition I Corp (NAS:VHNA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020

Website

https://www.vahannatech.com

Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Avacara Pte, Ltd.	10 percent owner	14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj	officer: Chief Operating Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha	officer: Chief Financial Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra	director, officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard	officer: See Remarks	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri	officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari	director, officer: Chairman	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010