7GC Holdings (7GC Holdings) Debt-to-Equity : 0.13 (As of Sep. 2023)

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What is 7GC Holdings Debt-to-Equity?

7GC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.30 Mil. 7GC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. 7GC Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $18.19 Mil. 7GC Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.13.

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 7GC Holdings's Debt-to-Equity or its related term are showing as below:

VIIAW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.13
Current: 0.13

During the past 3 years, the highest Debt-to-Equity Ratio of 7GC Holdings was 0.13. The lowest was 0.03. And the median was 0.08.

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

7GC Holdings Debt-to-Equity Historical Data

The historical data trend for 7GC 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.

7GC Holdings Debt-to-Equity Chart

7GC Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.03

7GC Holdings Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								-	0.03	0.03	0.12	0.13

Competitive Comparison of 7GC Holdings's Debt-to-Equity

For the Shell Companies subindustry, 7GC 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.

7GC Holdings's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 7GC Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 7GC Holdings's Debt-to-Equity falls into.

7GC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

7GC Holdings'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
	=	(1.1	+	0)	/	38.436
	=	0.03

7GC Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.3	+	0)	/	18.187
	=	0.13

7GC Holdings (NAS:VIIAW) 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.

7GC Holdings Debt-to-Equity Related Terms

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7GC Holdings (7GC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 7GC & Co Holdings Inc (NAS:VIIAW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

388 Market Street, Suite 1300, San Francisco, CA, USA, 94111

Website

https://www.7gc.holdings

7GC & Co Holdings Inc is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.